2009/10 – The Financial Year in Review
July 2, 2010
After the Global Financial Crisis that seemed to dominate 2007/08 and 2008/09, in 2009/10, the focus has now shifted to shifted to sovereign debt issues. In November last year the concern was that Dubai would default on its debt obligation. The focus then shifted to Greece with worries that contagion would spread to other countries such as Portugal, Ireland, Spain, Italy and Iceland. Read more