business

Greek exit could lead to global catastrophe: UBS AG

All asset classes in Europe particularly, the European indices and the euro have seen an incessant fall over the past few days on the back of endless Greek crisis. Stephane Deo, chief European economist, UBS AG told CNBC-TV 18 that Greece‘s exit from the eurozone would be extremely negative for both the Greek and European economy.

first published: May 18, 2012 03:14 pm