Bloomberg Anywhere Login

Bloomberg

Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world.

Company

Financial Products

Enterprise Products

Media

Customer Support

  • Americas

    +1 212 318 2000

  • Europe, Middle East, & Africa

    +44 20 7330 7500

  • Asia Pacific

    +65 6212 1000

Communications

Industry Products

Media Services

Follow Us

Skidelsky Says Europe May Face ‘Double-Dip,’ Sueddeutsche Says

May 15 (Bloomberg) -- Europe may face a so-called double-dip recession as a consequence of the Greek crisis, Robert Skidelsky said in an interview with Sueddeutsche Zeitung.

Skidelsky, an economics professor who sits in the U.K.’s House of Lords, told the German newspaper the world economy is currently on unstable footing. The United Kingdom is happy not to have adopted the euro because the weak British pound is helping exporters, the newspaper cited Skidelsky as saying.

There is a need for a new reserve currency apart from the euro and the U.S. dollar, and there is a trend to return to the gold standard, the newspaper cited Skidelsky as saying.

To contact the reporter on this story: Richard Weiss in Frankfurt at rweiss5@bloomberg.net.

To contact the editor responsible for this story: Benedikt Kammel at bkammel@bloomberg.net.

Please upgrade your Browser

Your browser is out-of-date. Please download one of these excellent browsers:

Chrome, Firefox, Safari, Opera or Internet Explorer.