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View Full Version : Ex-UBS CEO Gruebel Says Franc Ceiling May Damage Swiss Economy - Bloomberg



NewsWhore
05-20-2012, 05:50 AM
Ex-UBS CEO Gruebel Says Franc Ceiling May Damage Swiss Economy (http://news.google.com/news/url?sa=t&fd=R&usg=AFQjCNHOOaCBzFlVoKXjdJUQd54SR-oLgw&url=http://www.bloomberg.com/news/2012-05-20/ex-ubs-ceo-gruebel-says-franc-ceiling-may-damage-swiss-economy.html)
Bloomberg
The Swiss central bank's defense of the franc's currency ceiling against the euro may cause “considerable damage” to the nation's economy, Oswald Gruebel, former chief executive officer of UBS AG (UBSN), wrote in Der Sonntag.

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