S'pore growth will shudder if eurozone breaks: report

S’pore growth will shudder if eurozone breaks: report It is likely to be most affected among Asian countries, ex-Japan By Teh Shi Ning, Business Times [SINGAPORE] Singapore’s growth will be hardest hit in non-Japan Asia if the eurozone should break up, Credit Suisse’s projections show. While the estimates come with a “sizeable health warning” given […]

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Economists warn of deep recession for Singapore if euro zone breaks up

Singapore could sink into a deep recession if Greece’s debt crisis leads to a break-up of the euro zone and causes another global downturn. The warning came from economists on Wednesday who outlined a range of nightmare scenarios that, while appearing unlikely at present, remain possible if events spiral out of control. The downbeat assessment […]

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