Polish finance minister Jacek Rostowski has said the EU could "collapse" if leading countries such as Germany mishandle the financial crisis.
http://euobserver.com/19/113440
Former US finance chief says euro is 'breaking down'
Alan Greenspan, the former chairman of the US federal reserve, has said the eurozone is breaking apart due to variations between economies in the north and south of Europe.
Speaking during a question-and-answer session at the Innovation Nation Forum in Washington on Tuesday (23 August), the 85-year-old economist said: "The euro is breaking down and the process of its breaking down is creating very considerable difficulties in the European banking system."
http://euobserver.com/9/113397
Sunday, 4 September 2011
Posts
