{"id":11611,"date":"2011-08-25T06:24:45","date_gmt":"2011-08-25T00:54:45","guid":{"rendered":"index.php\/2011\/08\/25\/euro-debt-crisisworst-is-yet-to-come-ubs\/"},"modified":"2011-08-25T06:24:45","modified_gmt":"2011-08-25T00:54:45","slug":"euro-debt-crisisworst-is-yet-to-come-ubs","status":"publish","type":"post","link":"https:\/\/stockviz.biz\/index.php\/2011\/08\/25\/euro-debt-crisisworst-is-yet-to-come-ubs\/","title":{"rendered":"Euro debt crisis&ndash;worst is yet to come: UBS"},"content":{"rendered":"<div style=\"margin: 1em;width: 270px;float: left;height: 185px\" class=\"zemanta-img\"><a href=\"http:\/\/commons.wikipedia.org\/wiki\/File:Einfranken.jpg\"><img loading=\"lazy\" decoding=\"async\" style=\"border-bottom: medium none;border-left: medium none;border-top: medium none;border-right: medium none\" alt=\"1 CHF \/ F&uuml;nffranken\" src=\"http:\/\/upload.wikimedia.org\/wikipedia\/commons\/thumb\/6\/65\/Einfranken.jpg\/300px-Einfranken.jpg\" width=\"265\" height=\"138\"><\/a>  <\/p>\n<p style=\"font-size: 0.8em\" class=\"zemanta-img-attribution\">Image via <a href=\"http:\/\/commons.wikipedia.org\/wiki\/File:Einfranken.jpg\">Wikipedia<\/a><\/p>\n<\/div>\n<p>The euro-region debt crisis may deepen as eastern European borrowers who took loans in a strengthening <a class=\"zem_slink\" title=\"Swiss franc\" href=\"http:\/\/en.wikipedia.org\/wiki\/Swiss_franc\" rel=\"wikipedia\">Swiss franc<\/a> struggle to repay western European banks, <a class=\"zem_slink\" title=\"NYSE: UBS\" href=\"http:\/\/www.google.com\/finance?q=NYSE:UBS\" rel=\"googlefinance\">UBS<\/a> Wealth Management said.<\/p>\n<p>Lenders including Unicredit SpA (<a class=\"zem_slink\" title=\"UniCredit\" href=\"http:\/\/www.unicreditgroup.eu\/\" rel=\"homepage\">UCG<\/a>), Erste Group Bank AG (EBS), <a class=\"zem_slink\" title=\"LSE: RIBH\" href=\"http:\/\/www.google.com\/finance?q=LON:RIBH\" rel=\"googlefinance\">Raiffeisen Bank<\/a> International AG (RBI) and <a class=\"zem_slink\" title=\"BayernLB\" href=\"http:\/\/www.bayernlb.de\/\" rel=\"homepage\">Bayerische Landesbank<\/a> have 80 billion Swiss francs ($101 billion) of household debt in Hungary, Poland and Croatia, emerging-markets analyst Kilian Reber said.<\/p>\n<p>He assigns a 20% to 30% chance of a stronger franc triggering defaults in eastern Europe and fanning the euro-region debt crisis by forcing western European banks to seek new bailouts.<\/p>\n<p><a href=\"http:\/\/www.bloomberg.com\/news\/2011-08-24\/east-europe-s-swiss-franc-loans-may-fan-euro-crisis-ubs-says.html\" target=\"_blank\">Source<\/a>.<\/p>\n<div style=\"margin-top: 10px;height: 15px\" class=\"zemanta-pixie\"><a class=\"zemanta-pixie-a\" title=\"Enhanced by Zemanta\" href=\"http:\/\/www.zemanta.com\/\"><img decoding=\"async\" style=\"border-bottom-style: none;border-left-style: none;border-top-style: none;float: right;border-right-style: none\" class=\"zemanta-pixie-img\" alt=\"Enhanced by Zemanta\" src=\"http:\/\/img.zemanta.com\/zemified_e.png?x-id=cec0a213-622b-4b15-aba1-25080c710db9\"><\/a><\/div>\n","protected":false},"excerpt":{"rendered":"<p>Image via Wikipedia The euro-region debt crisis may deepen as eastern European borrowers who took loans in a strengthening Swiss franc struggle to repay western European banks, UBS Wealth Management said. Lenders including Unicredit SpA (UCG), Erste Group Bank AG (EBS), Raiffeisen Bank International AG (RBI) and Bayerische Landesbank have 80 billion Swiss francs ($101 &hellip; <\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[9],"tags":[],"class_list":["post-11611","post","type-post","status-publish","format-standard","hentry","category-your-money","entry"],"_links":{"self":[{"href":"https:\/\/stockviz.biz\/index.php\/wp-json\/wp\/v2\/posts\/11611","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/stockviz.biz\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/stockviz.biz\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/stockviz.biz\/index.php\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/stockviz.biz\/index.php\/wp-json\/wp\/v2\/comments?post=11611"}],"version-history":[{"count":0,"href":"https:\/\/stockviz.biz\/index.php\/wp-json\/wp\/v2\/posts\/11611\/revisions"}],"wp:attachment":[{"href":"https:\/\/stockviz.biz\/index.php\/wp-json\/wp\/v2\/media?parent=11611"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/stockviz.biz\/index.php\/wp-json\/wp\/v2\/categories?post=11611"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/stockviz.biz\/index.php\/wp-json\/wp\/v2\/tags?post=11611"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}