Online ISSN 2286-0266
Print ISSN 1223-0685
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Iulia LUPU
Academia Română
Radu LUPU
Academia de Studii Economice din Bucureşti
Paul MICLĂUŞ
Academia de Studii Economice din Bucureşti
At the beginning of 2010 the prospects for sovereign debt crisis threatened many European nations, including the EU member states – Greece, Spain, Portugal. This generated the appearance of a lack of trust as well as the increase of the risk premiums for treasury bonds issued by the governments of these countries, as well as the increase of CDS prices on the German markets. The care for governmental deficit increases as well as the global level of debt together with the wave of rating reduction for the governmental debts in Europe troubled the financial markets. The sovereign debt crisis generally concentrated around the events in Greece. On the 2nd of May 2010, the countries in the euro zone and the International Monetary Fund approved a loan of Euro 110 billion for Greece, conditional on the implementation of constraining policies.

ŒCONOMICA no. 3/2010
Keywords: budgetary deficit, public debt, EU member states, sovereign crisis
JEL: E62, H87, O23
Criza datoriilor suverane din Europa în 2010