Euro crisis to worsen, Greece could exit euro: Anders Borg
From economictimes.indiatimes.com
The eurozone crisis will get worse before it gets better and Greece could exit the single currency bloc within a year, Swedish Finance Minister Anders Borg said in an interview on Saturday. "I don't think we've seen the worst yet in countries like Spain and Greece. They have such serious problems that Europe is going to be in a very difficult position during the next six to 12 months," Borg told public broadcaster Swedish Radio. The Swedish finance minister, whose country is not a member of the eurozone, said he would not be surprised if Athens had to leave the 17-member euro bloc in the foreseeable future. He ...
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