BGN Entrepreneur

Eurozone bond markets were lifted significantly with one of the world’s biggest investors stepping up purchase of debt of the troubled peripheral economies of Greece, Portugal as well as Ireland in the second quarter.
The move by Norway’s sovereign wealth fund, the second biggest in the world with $450 billion of assets under management, is a sign of welcome for the eurozone markets after a volatile week.
However, according to some analysts, it is also warned that the bond markets of the weakest economies were still vulnerable amid the economic uncertainty and it is worried that one or more of them would default on their debt.

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