In-depth analysis on Credit Writedowns Pro.

Chart of the day: Exposures to Greece, Ireland, Portugal and Spain

I am going through the BIS Quarterly Review that just came out and it is packed with useful information about the global economy.  With regard to the sovereign debt crisis, I found the following chart a good one for getting a feel for the exposure to the crisis-ridden countries of the Eurozone. Notice how Ireland is considered in this analysis and Italy is not.

eurozone-debt-exposure

About 

Edward Harrison is the founder of Credit Writedowns and a former career diplomat, investment banker and technology executive with over twenty years of business experience. He is also a regular economic and financial commentator on BBC World News, CNBC Television, Business News Network, CBC, Fox Television and RT Television. He speaks six languages and reads another five, skills he uses to provide a more global perspective. Edward holds an MBA in Finance from Columbia University and a BA in Economics from Dartmouth College. Edward also writes a premium financial newsletter. Sign up here for a free trial.

5 Comments

  1. ronanlyons says:

    The only way this chart could have Ireland and Spain on similar axes is if it includes IFSC debt, which has to be as a drawback for the chart (cf. http://www.ronanlyons.com/2010/05/11/untangling-europes-web-of-debt/). International financial obligations may certainly “count” in grand totals but they are not covered by government guarantee nor would Depfa, StateStreet or Fidelity et al ever expect the Irish government to be a first port of call in a crisis.