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Global slowdown could reveal other untenable debt burdens: IIF

Greek crisis a study in restructuring debt, policy actions, market expectations and pricing of risk
Friday, July 17, 2015 - 05:50

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FLAGGING SPIRITS: The international financial community should employ a broader concept of debt sustainability, said the IIF, instead of fixating on measuring debt sustainability as a ratio of nominal debt to GDP.

Tokyo

THE Greek crisis may not be the only threat on the horizon, given the weak overall outlook for the global economy, where slowing growth could expose further unsustainable debt burdens, the Institute of International Finance (IIF) has warned.

The Washington-based body

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