Talk:Eurozone crisis

Draft framework

I have set up a draft framework of paragraph headings, and a rudimentary timeline.

Comments and contributions will be welcome.

Nick Gardner 08:37, 24 November 2010 (UTC)

Flow suggestions

Treat these as the comments of a reader with no special expertise in the matter.

There's a paragraph in the Overview that seems to jump:

During 2010, prospective investors became increasingly reluctant to buy the bonds isued by five Eurozone governments at the offered interest rates, and the governments concerned had to make a succession of increases in those rates. Two of those governments - Greece and Ireland - eventually decided that, without help, they would not be able to continue to finance their budget deficits, and they sought - and received - loans from other European governments. Those loans failed to reassure potential investors, and in November they demanded further increases in the interest rates on the government bonds of all five governments - including those of Portugal, Spain and Italy.

Let me offer some suggestions, and places where a transition might be needed. Underscores are additions or move targets

During 2010, prospective investors became increasingly reluctant to buy the bonds isued by the five PIIGS Eurozone governments (Portugal, Ireland, Italy, Greece and Spain) at the offered interest rates, and the governments concerned had to make a succession of increases in those rates. Two of those governments - Greece and Ireland - eventually decided that, without help, they would not be able to continue to finance their budget deficits, and they sought - and received - loans from other European governments.

Those loans failed to reassure potential investors, and in November they demanded further increases in the interest rates on the government bonds of all five governments. Missing at least some explanation of the problem with the other three. Is there some unsaid assumption here that the reader knows about special bond rules for these countries?

Howard C. Berkowitz 16:09, 4 December 2010 (UTC)

Thank you, Howard, your comment is helpful (as usual). I have made changes that, I hope, will make the meaning clear? Nick Gardner 15:44, 5 December 2010 (UTC)