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Worrying deterioration in public finances in the industrialised countries

Monday 12 April 2010 | 0 Comments | Category: Market analysis

There has been much coverage of the economic problems of Greece in the past few weeks. However, Greece is not an isolated case, even if there are a number of factors at play that makes the country’s situation particularly dangerous. On the contrary, what is happening in Greece reflects a development that investors should take very seriously and that could have a significant impact on the behaviour of the financial markets in the coming years, namely the massive deterioration in public finances. This development calls for some comments:

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