News
Better a horrible end for Euroland, or endless horror?
blogs.telegraph.co.uk
[Telegraph.co.uk (blog)] - But this is an omelette that cannot readily be unscrambled ," said ING's Mark Cliffe. Oddly enough, I lunched with Mr Cliffe days before the ERM blew up in September 1992, so this all has a funny feel to me. If the intra-EMU currency misalignment is so
Google News: Eurozone implosion could cost the UK as much as £75bn
[CITY A.M.] - “The costs of keeping the euro intact have risen, but our results continue to beg the question of why policy-makers would even dream of an exit being a viable policy option,” said Mark Cliffe from ING. Fathom Consulting believes the UK would lose seven
Guardian: Draghi: ECB needs closer fiscal ties in eurozone to use full financial powers
[The Guardian] - Mark Cliffe, chief economist at the Dutch bank ING, said he doubted the eurozone's leaders could implement a grand plan should they manage to agree on a way forward. He said a collapse would also drag down other European nations outside the currency
Week Ahead: the paradox of 'Merkelism'
citywire.co.uk
[Citywire.co.uk] - In a note published on Thursday, Mark Cliffe, chief economist at ING, warns that the paradox is that attempts by the bloc's rich nations, led by Germany, to limit their exposure to the crisis in fact only increase it. Merkel on Friday stressed her
sorted by relevance / date