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July 15, 2015

Puerto Rico
Deciphering Puerto Rico’s Debt Crisis

Special tax incentives have enabled Puerto Rico to borrow irresponsibly for years, and now the island must take painful steps to balance its budget, explains expert Matt Fabian.

November 17, 2011

Economic Crises
Restructuring Euro Debt and Latin Lessons

Greece’s new prime minister is seeking crucial parliamentary support for an EU bailout package that will require restructuring its sovereign debt. Economist William Cline says Uruguay’s 2003 default …

May 10, 2016

Puerto Rico
Can Puerto Rico Escape Its Debt Crisis?

Puerto Rico’s debt crisis has entered a new stage. Without congressional action and deeper reforms, the island could find itself unable to provide basic services, says CFR expert Brad Setser.

June 14, 2011

Greece
A ’Deepening’ European Union

Though Standard and Poor’s ranks Greece as the world’s lowest-rated economy, calling into question the eurozone’s future, economist Iain Begg says the debt crisis will paradoxically have the effect o…

June 27, 2012

Europe and Eurasia
Weighing an EU Banking Union

EU approval of a new proposal for a banking and fiscal union would help reassure global financial markets and alleviate the eurozone debt crisis, says Bruegel’s Benedicta Marzinotto.