How to pronounce“sovereing”in English

sovereing signature as regard of fiscal policies uh it's a it's a absolutely

obviously you know sovereing Deb crisis in the European countries fiscal consolidation United States and this is going to take time I mean there's no

to be less uh vulnerable to a sovereing um you know unwinding of but you could

further sell off of of sovereing bonds and and that could make the situation of of many economies in Europe worse and that in turn would make the situation of

providing guarantees for a variety of different nations debt as you said what does this mean for German sovereing debt and if that's the case what does that

the meantime well you didn't like equities in the past you look towards uh bonds do you have any exposure to sovereing uh we do yeah we've got some

it didn't make an economic sense the currency itself is credible we have problems of financial stability and of sovereing signature here and there but