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Crisis in Eurozone: Stepic Is Optimistic
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Published: August 25, 2012; 15:00 ♦ (Vindobona)
In an interview with the Austrian newspaper “Presse”, RBI´s CEO Herbert Stepic expects that the crisis will be managed until 2015.
Crisis in Eurozone: Stepic Is Optimistic / Picture: © Vindobona.org
For Stepic, the main reason of the crisis in the Eurozone is the situation of public finances. Only in Ireland and Spain, the banking industry was a part of the problem, he asserts.
Stepic thinks that the euro safety net is big enough. Even Italy could be rescued now, he says. “However, I do not expect that Italy needs help.”
The prospects of Greece to remain a…
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