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Exact(40)
That underscores just how far the crisis has spread, because those nations were considered the safest.
The crisis has spread through two channels: reduced money flows and reduced trade.
Even as the economic crisis has spread through Europe, Spaniards had shielded social spending in those areas from the consequences.
As it is, the European sovereign debt crisis has spread much more quickly than European leaders can agree on countermeasures.
As the crisis has spread, the IMF has been called in to cure ailing economies from Ukraine to Pakistan.
In 2010, the financial crisis has spread to sovereign debt, with Greece as the most obvious example.
Similar(20)
WHILE the ripples of America's subprime-mortgage crisis have spread far and wide, Latin America a place long associated with financial disaster has remained improbably calm.
Instead, worries about high debt and deficit levels, and the health of European banks that hold the bonds of governments hit by the crisis, have spread.
A BlackBerry outage, which seemed contained to the places most afflicted by the sovereign debt crisis, had spread to the heart of American capitalism.
It would signal that the crisis had spread to core euro zone members and that its effects could no longer be contained to peripheral nations like Greece, Portugal and Ireland.
A survey by The New York Times last month found that the crisis had spread to nearly every American diocese and had involved more than 1,200 priests and more than 4,200 victims in the last six decades.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com