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Showing posts with label Sakari Suoninen. Show all posts
Showing posts with label Sakari Suoninen. Show all posts

Tuesday, October 11, 2011

Reuters: Europe warned of systemic crisis over debt

Europe warned of systemic crisis over debt
By Sakari Suoninen and Martin Santa
FRANKFURT/BRATISLAVA | Tue Oct 11, 2011 6:46am EDT

(Reuters) - Europe's top financial watchdog warned on Tuesday that the euro zone's sovereign debt crisis has become systemic and threatens global economic stability unless decisive action is taken urgently.