12/02/2010 08:53 am ET Updated May 25, 2011

How Likely Is Default In Europe?

The big question of the week in Europe is deceptively simple -- will any countries that share the euro as their currency default on their government or bank debts in the foreseeable future? The answer to this question determines how you regard bonds from Portugal, Spain, Italy, Belgium and, perhaps, others, as well.

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