Caroline Newhouse

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Last quote by Caroline Newhouse

What do countries like Greece, Italy, Spain and Portugal do if the eurozone breaks up? Does it make sense for them to return to the currencies they had 10 years ago? I think we'd face currency devaluation, inflation, a loss of competitiveness, and then we'd have a core group that remained in the eurozone. That is not in anybody's interest. We are now being asked to do more: to go to a situation where we pool the debt, followed by economic and political federalism.feedback
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Dec 12 2011 Portugal
This page is completely dedicated to what Caroline Newhouse has to say. All of Caroline Newhouse’s quotes are organized here by date and topic. The most recent quote attributed to Caroline Newhouse came from an article called EU summit hopes fade fast in the markets: “I don't know if we can actually say that we've got a long way to go with this crisis. Certainly the markets were disappointed with the outcome of the EU summit, however there was big progress on two key points. Firstly there will be reform for greater fiscal discipline in the eurozone and secondly, that fiscal discipline will come from greater solidarity among eurozone countries.”.
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Quotes by Caroline Newhouse

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