Alexgordo

http://www.oecd.org/dataoecd/19/9/46970598.pdf

http://seekingalpha.com/article/265827-sovereign-recovery-swaps-what-are-they

there is going to have to be a debt restructuring within the eurozone. Financial “band-aids," government bailouts and new rules and restrictions are not going to do the job. 

http://www.forbes.com/sites/timworstall/2011/10/22/the-greek-haircut-could-reach-100/

http://www.greekcrisis.net/2012/02/greeces-hazardous-road-to-restructuring.html

http://news.smh.com.au/breaking-news-world/china-agrees-to-help-eurozone-report-20111026-1mjqm.html

http://www.telegraph.co.uk/finance/financialcrisis/9029612/What-happens-if-Greece-defaults.html

Greece, 70% haircut

http://www.nytimes.com/2010/02/14/business/global/14debt.html?pagewanted=all

http://www.globalnews.ca/greek+39haircut39+may+cost+investors+70+report/6442569882/story.html

Portugal, 56% haircut

http://www.fx-mm.com/11732/news/investors-fear-mounting-losses-in-portugal-as-second-rescue-looms/

http://seekingalpha.com/author/carlos-x-alexandre/comments/symbol/kbe

Italy 50% haircut

http://www.ignisratesviews.com/2011/11/16/italy-is-just-the-tip-of-the-debt-iceberg/

or 30%

“Whatever answer you bring to Greece, you bring to the rest, particularly Italy,” the executive said. “If you say the Greek haircut is 50-60 per cent, then immediately the question is should not Italy be 30 per cent?” http://www.ft.com/intl/cms/s/0/6dcd651e-0a18-11e1-85ca-00144feabdc0.html#axzz1lIc1yyRa

Spain, 20% haircut

A new European bank stress test could apply haircuts of up to 20% on Spanish sovereign debt as part of a sweeping recapitalization effort for the region’s banks, Spanish daily newspapers El Mundo and ABC reported Sunday, citing unnamed sources.

http://www.toroeconomics.com/2011/10/17/european-stress-tests-to-apply-20-spain-debt-haircut/

http://www.bloomberg.com/news/2011-10-17/stress-tests-may-include-20-haircut-on-spain-debt-mundo-says.html

Ireland, 5-15% haircut?

"Going it...