– its debt ratio ratcheting up towards 140pc of GDP – and all because the country’s ruling elite cannot shake off its slavish assumption that a return to monetary self-rule is impossible By Ambrose Evans-Pritchard Economics Last updated: January 31st,… Read More ›
Southern Europe
Goldman Sachs won’t do business with Southern Europe ” only a “small” probability that the euro area will stick together “
Monday, 26 November 2012 Goldman Sachs Group Inc., the No. 1 stock underwriter in Europe, turned down roles in offerings by banks in Spain and Italy this year, the only top U.S. securities firm not to take part in the… Read More ›