Wednesday, 24 August 2011 04:55 '"The euro is breaking down and the reason we're so sluggish is the level of uncertainty," Greenspan said at the Innovation Nation Forum in Washington DC on Tuesday, AFP reported.
The ex-US central bank chief emphasized that 20 percent of US exports go to Europe. Greenspan mentioned that although the US economy is currently very sluggish, increasing the probability of another recession, he did not expect any event of the sort to happen.'
Wednesday, 24 August 2011
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