| Author (Person) | Oakley, David |
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| Series Title | Financial Times |
| Series Details | 24.11.11 |
| Publication Date | 24/11/2011 |
| Content Type | News |
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The worst-received bond sale by Germany since the launch of the euro on the 23 November 2011 fuelled market fears that the eurozone debt crisis was now affecting Berlin, the region’s biggest economy and key to the survival of the single currency. The bond auction only managed to raise two-thirds of the amount targeted. Investors and banks shunned the offering due to worries that Europe’s monetary union project could collapse because of deteriorating market sentiment and the vast size of the region’s public debt. |
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| Subject Categories | Economic and Financial Affairs |
| Countries / Regions | Europe, Germany |
