Goldman Sachs Chief European Economist Huw Pill and his team are out with a new report on the fiscal situation in the euro zone, and they are very much focused on debt. Specifically, the report takes aim at some of the eurozone's biggest economies. While smaller economies like Greece, Portugal, and Ireland, have submitted to state rescue programs - mostly allaying fears over outsized debt loads - others remain "too big to bail," so to speak. In the report, Pill writes, "Government debt sustainab...
Goldman Sachs Chief European Economist Huw Pill and his team are out with a new report on the fiscal situation in the euro zone, and they are very much focused on debt. Specifically, the report takes aim at some of the eurozone's biggest economies. While smaller economies like Greece, Portugal, and Ireland, have submitted to state rescue programs - mostly allaying fears over outsized debt loads - others remain "too big to bail," so to speak. In the report, Pill writes, "Government debt sustainab...
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