{"id":2129,"date":"2011-06-23T14:31:32","date_gmt":"2011-06-23T22:31:32","guid":{"rendered":"http:\/\/associatednews.info\/content\/?p=2129"},"modified":"2011-10-28T14:36:37","modified_gmt":"2011-10-28T22:36:37","slug":"debt","status":"publish","type":"post","link":"https:\/\/associatednews.info\/content\/debt\/","title":{"rendered":"Debt"},"content":{"rendered":"<p><a href=\"http:\/\/associatednews.info\/content\/wp-content\/uploads\/2011\/10\/Fira_SantorinGreece.jpg\"><img loading=\"lazy\" decoding=\"async\" class=\"alignleft size-medium wp-image-2130\" title=\"Greece\" src=\"http:\/\/associatednews.info\/content\/wp-content\/uploads\/2011\/10\/Fira_SantorinGreece-300x225.jpg\" alt=\"\" width=\"300\" height=\"225\" srcset=\"https:\/\/associatednews.info\/content\/wp-content\/uploads\/2011\/10\/Fira_SantorinGreece-300x225.jpg 300w, https:\/\/associatednews.info\/content\/wp-content\/uploads\/2011\/10\/Fira_SantorinGreece-1024x768.jpg 1024w, https:\/\/associatednews.info\/content\/wp-content\/uploads\/2011\/10\/Fira_SantorinGreece-342x256.jpg 342w, https:\/\/associatednews.info\/content\/wp-content\/uploads\/2011\/10\/Fira_SantorinGreece-60x45.jpg 60w, https:\/\/associatednews.info\/content\/wp-content\/uploads\/2011\/10\/Fira_SantorinGreece-150x113.jpg 150w, https:\/\/associatednews.info\/content\/wp-content\/uploads\/2011\/10\/Fira_SantorinGreece-269x201.jpg 269w, https:\/\/associatednews.info\/content\/wp-content\/uploads\/2011\/10\/Fira_SantorinGreece.jpg 1600w\" sizes=\"auto, (max-width: 300px) 100vw, 300px\" \/><\/a>In Frankfurt, Germany financial experts say that a Greek debt restructuring plan would certainly send shock waves throughout stock and money markets, European banks and perhaps entire economies.<\/p>\n<p>Greek banking institutions may go bust, overwhelming the government&#8217;s capacity to bail them out, and financial institutions in France, Germany and in other regions in Europe could possibly suffer losses they can ill afford.<\/p>\n<p>The resulting market problems could strain the European&#8217; Union&#8217;s backstop money, pressuring European leaders to drum up yet additional taxpayer funding, with voters currently frustrated at backstopping other people&#8217;s failed governments.<\/p>\n<p>A European Central Bank executive warned Thursday that leaders must be ready to double the bailout fund to euro1.5 trillion ($2 trillion ) if Greece ends up being ruled in default.<\/p>\n<p>This is a breaking news update. Check back soon for further info on this breaking news story.<\/p>\n<p>&nbsp;<\/p>\n<p>&nbsp;<\/p>\n","protected":false},"excerpt":{"rendered":"<p>In Frankfurt, Germany financial experts say that a Greek debt restructuring plan would certainly send shock waves throughout stock and money markets, European banks and perhaps entire economies. Greek banking institutions may go bust, overwhelming&#8230;<\/p>\n","protected":false},"author":1,"featured_media":2130,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[15],"tags":[1194,1195],"class_list":["post-2129","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-finance-2","tag-greece","tag-greek-debt"],"_links":{"self":[{"href":"https:\/\/associatednews.info\/content\/wp-json\/wp\/v2\/posts\/2129","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/associatednews.info\/content\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/associatednews.info\/content\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/associatednews.info\/content\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/associatednews.info\/content\/wp-json\/wp\/v2\/comments?post=2129"}],"version-history":[{"count":3,"href":"https:\/\/associatednews.info\/content\/wp-json\/wp\/v2\/posts\/2129\/revisions"}],"predecessor-version":[{"id":2133,"href":"https:\/\/associatednews.info\/content\/wp-json\/wp\/v2\/posts\/2129\/revisions\/2133"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/associatednews.info\/content\/wp-json\/wp\/v2\/media\/2130"}],"wp:attachment":[{"href":"https:\/\/associatednews.info\/content\/wp-json\/wp\/v2\/media?parent=2129"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/associatednews.info\/content\/wp-json\/wp\/v2\/categories?post=2129"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/associatednews.info\/content\/wp-json\/wp\/v2\/tags?post=2129"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}