Perspectives from the Euro Crisis, Week 4, January 2012
For the complete interviews, visit the following sources:
Jim Rogers:
Jim Rogers - January 30, 2012 - CNBC.com - No country will exit the euro zone this year but a solution to the debt crisis remains elusive, Jim Rogers, CEO and Chairman at Rogers Holdings, told CNBC Monday. Rogers elaborated that because there are around 40 prominent elections happening around the world this year, that nothing is going to be allowed to happen this year, however, he is not so confident about 2013, or 2014.
George Soros:
George Soros - January 25, 2012 - CNBC.com - Despite some improvement in the euro zone crisis after the European Central Bank's recent actions, billionaire investor George Soros told CNBC on Wednesday that more is needed to safeguard the region in the face of a possible Greek default and rising national debts.
Roger Altman:
Roger Altman - January 27, 2012 - CNBC.com - The turning point in the Europe crisis was when the ECB made a very American-like step by lending 450-billion euros and providing liquidity to the banking system, says Roger Altman, Evercore Partners.
IMF's Christine Lagarde:
Christine Lagarde - Jan. 27 (Bloomberg) -- International Monetary Fund Managing Director Christine Lagarde discusses Greece's progress on structural overhauls and the role of the IMF in avoiding a default. She speaks with Maryam Nemazee and John Fraher on Bloomberg Television's "The Pulse" from the World Economic Forum's annual meeting in Davos, Switzerland, telling them that her critical objective at this moment is to get Greece debt under control, down to a level that is equal to 120% of GDP. (Source: Bloomberg)
Carl Weinberg:
Carl Weinberg - Jan. 30 (Bloomberg) -- Carl Weinberg, founder and chief economist at High Frequency Economics, talks about a European Union leaders' summit in Brussels, that starts today and the euro zone debt crisis. Weinberg told Betty Liu on Bloomberg Television's "In the Loop," that the EU needs to step up and fund the EFSF (European Financial Stability Fund) to the tune of an additional 300-billion euros to match the funding agreement reached by the ECB, because even the big-name banks like Unicredit, are struggling, and this is the only way to safeguard the European banking system. In addition, he added they are spending too much time addressing the wrong issues. (Source: Bloomberg)
