A Crisis Plagued By Debt

The uncertainty in Europe is killing economic growth

20/09/2012 Barcelona

ENTV-1649-E_MEI1_IESE_065609

Economies Plagued By Debt

There have always been crises but this one is different in that it is characterized by the high level of debt on the part of individuals, companies, banks and governments. We seem to have run out of tools to manage the different economies. The uncertainty in Europe is killing economic growth but in Spain we may see a recovery beginning in 2013.

There have always been crises but this one is different in that it is characterized by the high level of debt on the part of individuals, companies, banks and governments. We seem to have run out of tools to manage the different economies. The uncertainty in Europe is killing economic growth but in Spain we may see a recovery beginning in 2013.