Sunday, July 29, 2012

You Do Not Have To Be Even In The Eurozone To Be Cursed By It.

The United Kingdom is more vulnerable than any other world nation to a worsening eurozone crisis and its economy would be hit the most if the euro falls apart - that was the verdict of new research today.
Thanks to its reliance on exports to the euro area and strong banking and financial links with the region, Britain tops a danger list of countries exposed to the eurozone (see map and table below), compiled by risk analysis consultancy Maplecroft.
The UK is one of only 18 nations rated 'extremely' vulnerable in the 169-nation eurozone exposure index - with fellow European Union members Poland, Hungary and Czech Republic making up the top four. {Moneymail.}
Red spells danger!


Phew.