S&P says European corp debt impacted by defaults up 300%
March 25, 2013 at 10:00 AM EDT
LONDON, March 25 (IFR) - The amount of debt affected by European corporate defaults in 2012 was almost 300% higher than the quantity impacted in 2011, S&P said on Monday, pinning the cause on the lingering peripheral crisis and related macroeconomic headwinds.
