Alan Greenspan

The National Bank of Romania (BNR) does not simply aim to stimulate credit toward rational exuberance, a rapid credit growth that will end in the explosion of non-performing loans, BNR Governor Mugur Isarescu said on Wednesday at the seminar on "Target: Boosting financial intermediation".

The imbalances in the economic strength of euro area countries make the continued function of the single currency area a primary concern, said former US Federal Reserve chairman Alan Greenspan in an interview with the World Gold Council.

For FT’s Wolfgang Münchau’s the “fate of Greece” lies with leftist PM Alexis Tsipras, whereas for freelance columnist Hugh Dixon, the “Greek Deal” lies with the “people”, obviously the Greek people, in this case.

Alan Greenspan, the former chief of the US central bank from 1987 to 2006, predicted a Grexit for Greece. Speaking with the BBC, he said that he could not see who would be willing to put up more loans to bolster Greece's struggling economy.