EU facing threat of financial crisis – analysts ...News

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EU facing threat of financial crisis – analysts
source : Russia Today ( News ) () 20
The troubles of Eurozone’s leading economy pose serious risks for the wider bloc, Citi says The euro area is at risk of a financial meltdown on the same scale as the crisis it suffered a decade ago, Citi analysts have told CNBC. They cited Germany’s massive energy relief plan as the major threat to the bloc’s stability, the media outlet reports on Friday. According to the report, Wall Street bank analysts have raised concerns about the violent bond market moves and the European governments’ plans to borrow vast sums of money. They said that German Chancellor Olaf Scholz’s relief package, worth €200 billion ($195 b

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