The euro will not exist in its current form in five years because of the economic crisis that exists in most states, twelve economists believe the City of London, in response to survey British newspaper.
The Sunday Telegraph put questions after a 25 economists, writes today that "undoubtedly the most remarkable conclusion (research) is that most economists surveyed, expect a split of the euro greater or lesser extent." "A year ago, maybe less, few people in the City could have predicted the disappearance of the currency, "writes the newspaper will publish tomorrow, Monday all the responses of these experts to ten questions on development, the government deficit, inflation in Britain and euro. "There is practically" zero chance "the euro area to survive in its current composition," said Andrew Liloko chief economist at think tank Policy Exchange. "Maybe we can not survive until next week," said Dougos MakOuiliams, Center for Economic Research and Business (CEBR). Twelve Economists estimate that there will be a split of the euro in five years, compared with eight economists who believe that the European currency managed to "escape" from this difficult situation without to suffer great losses. "The political consequences of a breakdown of the euro will undoubtedly have significant consequences - the Germans did not want to pay for others and can leave," said David Blansflaouer professor at Dartmouth University in the U.S. and former director of Bank of England. "It is difficult to see the euro to survive in its present form," he said. Four economists support the version of a German exit from the eurozone and not leaving a country with significant financial problems, such as Greece
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