• Ben Bernanke: "The situation in Europe continues to remain tense"

Market news

21 March 2012

Ben Bernanke: "The situation in Europe continues to remain tense"

 

Fed Chairman Ben Bernanke said that in order to complete the crisis in the eurozone,the Governments of the block must take further steps to strengthen the banking system,and also noted that the economic situation in the region remains poor, despite some easing of tension.

Bernanke added that European countries need to increase economic growth and strengthen its competitiveness, while reducing the level of imbalance in the economies of countries of concern.

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