违约英语怎么说
It refused to countenance a default by Greece, or even debt restructuring, for fear of market contagion.
AIG's jumped by twice what would have been expected on its own, according to the International Monetary Fund.
This is not putting credit default swaps' into perspective.
The company has been served with a writ for breach of contract.
And Mr Trichet's opposition to any default is inconsistent with the ECB's desire to strengthen the currency block's fiscal heft.
The third path was outright default.
Banks that own corporate bonds may use the swaps market to hedge against a company defaulting.
There were reasonable fears that default could plunge Greece into chaos, precipitate bond crises in the euro zone and spark a European banking catastrophe.
Yet Europe thinks these kinds of defaults are avoidable and Rogoff isn't buying it.