Southern European

The popular image of a package holiday is of cheap holiday to a place by the sea in southern European(especially Spain).

This has long been a challenge for those southern European member states seeking to emulate the prosperity of the north.

However, investors' biggest financial concern is sovereign debt, notably that of some southern European countries.

Sound crazy? No more so than markets pricing southern European debt as if Germany had issued a free put on it.

The political mess in Italy, like the one currently in Greece, is not a surprise for traders familiar with the southern European markets.

A member of a people of southern European Russia and adjacent parts of Asia, noted as cavalry men especially during czarist times.

But as those banks start blowing up and its economy shrinks, Spain will look more like its spendthrift southern European neighbor.

The southern European state, with a long history of loose finances, is coming under attach in the credit markets for its excessive spending.

It is not often realized that women held a high place in southern European societies in the 10th and 11th centuries.

As in other southern European countries, market economics is seen as a struggle between labour and capital.

It may buy some small symbolic quantity of southern European bonds, as an ersatz commitment to the future of the EU.

Scandinavian countries seem no more myopic or otherwise than other more southern European countries.

The public has continually rejected austerity measures, making leaving the euro more likely than ever for the southern European nation.

Pooling risks through Eurobonds would tempt dodgy southern European governments to greater profligacy.

No transfers, meaning taxpayers in rich countries like Germany and France won't bail out Southern European spendthrifts.

for most of recent history southern European debt was much cheaper than it was in northern Europe.

The northern arm of the Black Sea in southern European U. S. S. R. The shallow sea has important fisheries.

At the time, creditors were more than happy to lend to southern European nations.

These stereotypes no longer work, in part because northern European cuisine has improved, as has southern European policing.

His move will be popular in France and the southern European states most nervous about losing jobs to low-wage economies.

These will be key litmus tests for investor sentiment towards Southern European debt.

That is why the choice is so stark for the southern European countries, which are tied into the single-currency zone.

The shame of all this is that Spain's problems, while large, are nothing like those of other southern European states.

Part of the answer is that southern European governments have applied diplomacy (and cash) to the problem.

A city of southern European U. S. S. R. in the Ukraine west-southwest of Kharkov.

Northern Europe in effect has been subsidising southern European consumption from the onset of the euro on January 1 1999.