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Uk's Nick Clegg worried About Domino Effects of Greek Exit


  • UK's deputy PM Nick Clegg said that Greek exit from euro zone could start a chain reaction resulting into greater instability than current one
  • He said that UK banks will also be hit hard by interbank turmoil resulting from such scenario
  • BoE and some UK officials have already made some contingency plan and now they are said be in final stage

Quotes

  "When economies are as fragile as they are now I don't think anyone, rationally, can advocate that degree of further instability as a route out of the problems that we presently face,"

British Deputy Prime Minister Nick Clegg to BBC

Publicado: 2012-05-25 02:54:00 UTC+00


See also: Current support and resistance levels
EUR/USD
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USD/JPY
GBP/JPY
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May 23 at 2:45 UTC
 
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