Currency crisis risk in Europe

Should we keep all our nest eggs in the euro basket? It would be more prudent to diversify, writes Mark O’Byrne

20th February, 2010

Recent weeks have seen markets convulse again - this time due to the risk of a major European nation going bankrupt. Greece is currently most at risk of sovereign default, but Spain, Portugal and Italy are also at risk.

Given the scale of the growing fiscal and monetary challenges facing the eurozone and the euro itself, Ireland now faces the most significant currency risk since we gave up the punt. Irish investors and savers need...

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