![Risk.net](https://www.risk.net/sites/default/files/styles/print_logo/public/2018-09/print-logo.png?itok=1TpHrpuP)
Roubini: Eurozone restructurings will leave bondholders facing losses
Government debt levels in peripheral Europe mean restructurings cannot be avoided, economist Nouriel Roubini tells Credit magazine.
![roubini-big-jpg roubini-big-jpg](/sites/default/files/styles/landscape_750_463/public/import/IMG/524/54524/roubini-big-jpg1846-580x358.jpeg.webp?itok=hyK_3XGl)
Socialising the liabilities of its most indebted member countries is not a solution to the Eurozone’s debt crisis, according to Nouriel Roubini, professor of economics at New York University and founder of consultancy Roubini Global Economics.
Instead, Eurozone countries facing debt burdens they are unable to meet will need to undergo debt restructurings, forcing bondholders to incur haircuts or equity conversions, noted Roubini, former senior economist for international affairs at the White
Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.
To access these options, along with all other subscription benefits, please contact info@risk.net or view our subscription options here: http://subscriptions.risk.net/subscribe
You are currently unable to print this content. Please contact info@risk.net to find out more.
You are currently unable to copy this content. Please contact info@risk.net to find out more.
Copyright Infopro Digital Limited. All rights reserved.
As outlined in our terms and conditions, https://www.infopro-digital.com/terms-and-conditions/subscriptions/ (point 2.4), printing is limited to a single copy.
If you would like to purchase additional rights please email info@risk.net
Copyright Infopro Digital Limited. All rights reserved.
You may share this content using our article tools. As outlined in our terms and conditions, https://www.infopro-digital.com/terms-and-conditions/subscriptions/ (clause 2.4), an Authorised User may only make one copy of the materials for their own personal use. You must also comply with the restrictions in clause 2.5.
If you would like to purchase additional rights please email info@risk.net
More on Governments and agencies
Change of governance
Change of governance
Nuclear risks cloud Japan's economic outlook
The nuclear question
Sovereign risk weights under threat
Weight gain
Sovereigns wrestle with debt impact of CSAs
Kiss of debt
Tackling the Californian deficit
The state we're in
Fears about California budget "valid", says state treasurer
Lockyer warns California may miss budget revenue targets