Failure to save East Europe will lead to worldwide meltdown - Telegraph: "This is much worse than the East Asia crisis in the 1990s,' said Lars Christensen, at Danske Bank.
'There are accidents waiting to happen across the region, but the EU institutions don't have any framework for dealing with this. The day they decide not to save one of these one countries will be the trigger for a massive crisis with contagion spreading into the EU.'"
Monday, February 16, 2009
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