ACCF President Mark Bloomfield Discusses Euro Financial Crisis on BBC Arabic

ACCF President and CEO Mark Bloomfield was recently interviewed by BBC Arabic on the euro crisis and recent EU summit. Bloomfield noted that facilitating the ability of debt ridden governments and banks may be a short term imperative but it will not address the structural fiscal imbalances of so many EU counties. The big question is whether there is the political will to make much needed reforms.  Around the world democracies are having difficulties addressing their respective fundamental economic challenges. Ultimately the financial markets will be the judge on the merits of the EU agreement.

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