Featured Stories World News Commentary Money Watch Multimedia Prison Planet U.S. News Science And Technology

Fresh recession will cause eurozone collapse, warns Swiss bank

  • Print The Alex Jones Channel Alex Jones Show podcast Prison Planet TV Infowars.com Twitter Alex Jones' Facebook Infowars store

Mehreen Khan
London Telegraph
March 3, 2016

recession in Europe could lead to the collapse of the eurozone, as the single currency would buckle under the political turmoil unleashed by a fresh downturn, a leading investment bank has warned.

In a research note titled “Close to the edge”, economists at Swiss bank Credit Suisse warned the fate of monetary union hangs in the balance if Europe’s policymakers are unable to ward off another global slump and quell anti-euro populism.

“The viability of the euro is contingent on the current recovery,” said Peter Foley at Credit Suisse.

“If the euro area were to relapse back into recession, it is not clear it would endure.”

Read more

This article was posted: Thursday, March 3, 2016 at 8:23 am





Infowars.com Videos:

Comment on this article

Comments are closed.

Watch the News

FEATURED VIDEOS
Brexit: Dawn of a Populist Uprising See the rest on the Alex Jones YouTube channel.

© 2016 PrisonPlanet.com is a Free Speech Systems, LLC company. All rights reserved. Digital Millennium Copyright Act Notice.