Markets News Thursday: Shares up in Europe - - flat in Dublin; IMF paper says Eurozone sovereign risk spreads suggest greater financial market discipline
Oct 15th, 2009 | By Finfacts Ireland Business & Finance Portal | Category: News worldwide
Markets news on stocks, currencies and commodities; A paper published by the International Monetary Fund (IMF) on Wednesday, says the increasing importance played by national fiscal and financial market policies and, particularly, their effect on future government liabilities in explaining sovereign bond yield spreads in the Eurozone suggests that governments are currently facing greater financial market discipline than they used to prior to the crisis.