Related by context. Frequent words. (Click for all words.) 48 contagion 38 sovereign debt 36 risk aversion 34 Bini Smaghi 34 Risk aversion 34 CDS spreads 34 Euroland 33 Contagion 33 Debt Crisis 33 Monetary Affairs 32 sovereigns 32 deflationary 32 external shocks 32 rating downgrades 32 liquidity crunch 31 spillovers 31 safe haven flows 31 deleveraging 30 spillover effects 30 notch downgrade 30 sub prime 30 H#N# avian flu 30 Eurozone 29 originates 29 deflationary pressures 29 stockmarkets 29 subprime 29 bond yields 29 euro zone 28 counterparty risk 28 slowdown 28 spreads 28 inflationary 28 austerity 28 CDSs 28 ratings downgrades 28 originator 28 monetary tightening 27 tighter monetary 27 credit crunch 27 originating 27 predominates 27 illiquidity 27 defaults 27 virus mutates 27 volatility 27 eurozone 27 sovereign 27 German bunds 27 austerity measures 26 turbulence 26 H#N# avian influenza 26 PIIGS 26 Bunds 26 Euro Zone 26 Avian influenza 26 interconnectedness 26 Eurogroup 26 distinguishes itself 26 stagflation 26 Derived 25 reflation 25 H#N# bird flu 25 markets 25 Greece 25 PIGS 25 crisis 25 highly indebted 25 predominant 25 amplifies 25 systemic 25 monetary easing 25 steepening 25 Originating 25 disinflation 24 deriving 24 composes 24 derives 24 originated 24 merges 24 melds 24 pure 24 interprets 24 interbank lending 24 Bird flu 24 deflationary spiral 24 spillover 24 subprime mortgage crisis 24 turmoil 24 competes 24 subprime meltdown 24 asset bubbles 24 default swap 24 transmissible 24 dominates 24 Roubini 24 double dip 24 capital inflows 24 deeply rooted 23 diversifies 23 epicenter