sovereign debt - Fixanswer - Get your knowledge fix!

When Did Mexico Default On Its Debt?

January 24, 2024 by Ahmed Ali

When Did Mexico Default On Its Debt? The Financial Assistance Packages of 1982 and 1995. In January 1995, as in August 1982, Mexico was on the verge of defaulting on its foreign obligations. On both occasions the U.S. government contributed, and helped align the contribution of others, to a financial rescue package to avoid it.

What Caused European Debt Crisis?

January 24, 2024 by Ahmed Ali

What Caused European Debt Crisis? The European sovereign debt crisis resulted from the structural problem of the eurozone and a combination of complex factors, including the globalisation of finance; easy credit conditions during the 2002–2008 period that encouraged high-risk lending and borrowing practices; the 2008 global financial crisis; … What contributed to the debt crisis?