The eurozone debt crisis is about to enter a dangerous phase as governments prepare to step up borrowing in the capital markets to fund their faltering economies.
Eurozone governments will attempt to issue double the amount of debt this month compared with August, with some strategists warning that some of the weaker economies could fail to raise the amount of money they need.
Spain, Portugal and Ireland, the so-called peripheral eurozone economies, are considered most in danger of being shunned by investors as worries persist over the health of their banks and economies. Greece is no longer a concern as it has emergency loans to cover its funding for the next two years.
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