2nd Bank Shares Doubts
Source: Agencies |
May 17, 2010, Monday
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Print Edition
Print Edition
THE chief economist of a German bank is quoted as saying that he doubts Greece's ability to repay its huge debts in an orderly fashion.
German news Website Handelsblatt yesterday said the Dekabank's chief economist shares the doubts voiced by Deutsche Bank AG's CEO Josef Ackermann last Thursday.
Ulrich Kater was quoted as saying: "It will be very, very difficult for Greece to orderly repay its debt" due to the country's new austerity measures and its lack of competitiveness.
German news Website Handelsblatt yesterday said the Dekabank's chief economist shares the doubts voiced by Deutsche Bank AG's CEO Josef Ackermann last Thursday.
Ulrich Kater was quoted as saying: "It will be very, very difficult for Greece to orderly repay its debt" due to the country's new austerity measures and its lack of competitiveness.
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