EU states face US$2.85 tril. debt maturities: data

Worries about high levels of sovereign debt in Portugal, Italy, Ireland, Greece and Spain have hit the bond and loan markets, potentially raising the rates that governments and companies will have to pay to refinance their debt.

The five countries have US$1.665 trillion of sovereign bonds maturing in the next three years along with US$988 billion of corporate bonds and US$200 billion of syndicated loans.

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