Europe’s banks brace for UK debt crisis

Telegraph

While everyone has their eyes on Greece, other weak countries such as Britain are making themselves known.

UniCredit has alerted investors in a client note that Britain is at serious risk of a bond market and sterling debacle and faces even more intractable budget woes than Greece… “I am becoming convinced that Great Britain is the next country that is going to be pummelled by investors,” said Kornelius Purps, Unicredit ‘s fixed income director and a leading analyst in Germany.
– Ambrose Evans-Pritchard, Telegraph

Continue to article

No related posts.

Comments

  1. Hi, I like your article. This is a nice site and I wanted to post a note to let you know, good job! Thanks Cathy

Speak Your Mind

*