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Author:Brown, M.
Chambers, A.
Title:How Europe's governments have Enronized their debts
Journal:Euromoney
2005 : SEP, VOL. 36:437, p. 82-89
Index terms:economic policy
monetary policy
bond markets
debt
Europe
Language:eng
Abstract:This article states that Europe's government bond markets are built on lie. Ministries of finance have adopted corporate financing techniques to give a false impression of their true debt levels. Regulators appear unwilling or unable to do anything about it.
SCIMA record nr: 263118
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