Very nice interactive visual guide by NYTimes charting the web of debt exposure among sagging economies, and showing how much each European country owes and to whom.
(NYTimes) “Arrows show imbalances of debt exposure between borrowers in one country and banks in another; arrows point from debtors to their bank creditors. Arrow widths are proportional to the balance of money owed. For example, French borrowers owe Italian banks $50.6B; Italian borrowers ower French banks $416.4B. The difference – their imbalance – shows France’s banking system more exposed to Italian debtors by about $365.8B.”
Full Interactive Chart: It’s All Connected: An Overview of the Euro Crisis (NYTimes)