irascignavojo (irascignavojo) wrote in european_union,
irascignavojo
irascignavojo
european_union

Alarm bells in the Euro zone...

"Gordon Brown, the former British prime minister and finance minister, believes there is likely to be “a major crisis in the euro area in the first few months of 2011.” In an interview with the BBC, Brown worries about the massive liabilities of European banks, the principal holders of Greek, Irish and Spanish debt."
(Read on...)
Tags: britain, eu, euro, fiscal policy, money
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