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Eurozone urged to drop debt-fuelled growth model

Ultra-low short and long-term interest rates have caused speculation which could lead to another crash, warns BIS
Monday, July 27, 2015 - 05:50

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The eurozone's massive debt burden continues to weigh on the region's growth and the Greece debacle is a warning of further dangers ahead.

London

THE eurozone's massive debt burden continues to weigh on the region's growth and the Greece debacle is a warning of further dangers ahead.

Jaime Caruana, general manager of The Bank For International Settlements (BIS), warned recently that the European Central Bank (ECB) and

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