Tuesday, October 18, 2011

Roubini : Much Weaker Euro, Rate Cuts Needed To Solve Euro Crisis

To solve the euro-zone debt crisis, the euro needs to trade below parity against the dollar, the European Central Bank needs to cut interest rates and member states need to forge a fiscal unity, U.S. economist Nouriel Roubini said at a conference in London. - in the wall street journal

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