Friday, June 7, 2013

The Eurozone will at best experience a continuing recession for a decade to come

Roubini forecast the eurozone to “at best” experience a continuing recession for a decade to come, a situation that would harm Swiss exporters and pile more pressure on the SNB to continue its euro spending spree. “The eurozone is no longer in the emergency room, but it is still in a chronically critical condition,” Roubini said. - at the Swiss Economic Forum in Interlaken
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