Swiss finance minister chides US, Europe over 'time bomb' debt levels

  • 📰 Investingcom
  • ⏱ Reading Time:
  • 16 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 10%
  • Publisher: 53%

Canada News News

Canada Canada Latest News,Canada Canada Headlines

Swiss finance minister chides US, Europe over 'time bomb' debt levels

ZURICH - Debt levels in the United States and Europe are a risk for international financial stability and for Switzerland, Swiss Finance Minister Karin Keller-Sutter said in a newspaper interview published on Saturday.

"Or take a look at America. That's a time bomb. The mini-crash on the stock markets at the start of August was a warning shot," the minister was quoted as saying. She defended the additional capital requirements as necessary to protect Switzerland from another banking meltdown.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 450. in CA

Canada Canada Latest News, Canada Canada Headlines