PDA

View Full Version : Germany 'Ill-Advised' to Let Euro Split Up, Posen Tells BBC - Bloomberg



NewsWhore
08-21-2012, 05:30 PM
Germany 'Ill-Advised' to Let Euro Split Up, Posen Tells BBC (http://news.google.com/news/url?sa=t&fd=R&usg=AFQjCNFsuEfY4kZ1nnbt56VTKJo2q_SK-A&url=http://www.bloomberg.com/news/2012-08-21/germany-ill-advised-to-let-euro-split-up-posen-tells-bbc.html)
Bloomberg
In break-up scenario, Germany's currency would “shoot through the roof,” the country's trade relations would be disrupted and its banks have to be bailed out, Posen said. It would also “overwhelm” ... Bloomberg moderates all comments. Comments that are ...

[/URL]





[url=http://news.google.com/news/url?sa=t&fd=R&usg=AFQjCNFsuEfY4kZ1nnbt56VTKJo2q_SK-A&url=http://www.bloomberg.com/news/2012-08-21/germany-ill-advised-to-let-euro-split-up-posen-tells-bbc.html]More... (http://news.google.com/news/more?ned=us&ncl=dnVLOZL3epn1IFM)