The chairman of Goldman Sachs has said that the need for a German-led fiscal integration in the eurozone would make it increasingly unattractive for all the countries who joined to stay in the single currency, according to a report in the Daily Telegraph
Jim O’Neill, whose division manages more than $800bn (£500bn) of assets, said that countries as diverse as Portugal, Ireland, Finland and Greece could pull out of the single currency rather than have to operate under a single eurozone treasury….
Read more at http://www.telegraph.co.uk/finance/financialcrisis/8872380/Goldman-euro-could-split-apart.html
No comments:
Post a Comment