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“It’s madness, considering that in aggregate the eurozone is probably the healthiest economic region in the world” Manfred Schepers, EBRD |
“A very stable area” is a phrase that has not been used much recently to describe the eurozone but it’s one to which Manfred Schepers, vice-president and chief financial officer at the European Bank for Reconstruction and Development, subscribes.
Schepers, who spent 17 years at SBC Warburg and UBS in a variety of senior fixed-income roles throughout the 1990s and early part of this decade, stresses that his view is based on taking the eurozone in aggregate.
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