The company has taken steps to manage risk with regards to
their European debt exposure, but there's still $ 5.6 billion in risky debt to worry about.
Not exact matches
What we don't know the state of credit default swaps held by banks against sovereign
debt and against
European banks, nor do we know the state of CDS held by British banks, nor are we certain of how certain the
exposure of British banks is to the Ireland sovereign
debt problems.»
We don't trade directly with the region much — only 9.6 % of our exports go to western
European countries — and our financial institutions have almost no
exposure to
European sovereign
debt.
For example, it's impossible to know the Street's real
exposure to the
European debt crisis.
The balance of trade, investor and consumer confidence,
exposure of banks in one region to sovereign
debt in another, the spread of asset / mortgage - backed securities from US financial firms to
European banks, companies, municipalities, etc. all play a role.
Right now the markets are very worried about the hidden
exposure of
European banks to Greek government
debt.
Then I choose another one that's risker (
debt and
European exposure) but has a higher yield (TEF @ about $ 20).