Davos 2013: Heard in Davos

By Bloomberg Briefs - 2013-01-25T17:28:51Z

Photograph by Travis J. Garner/Bloomberg

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Adam Posen

On the EU and U.K.:

"The prospect of an EU in-out referendum will have a chilling effect on investment in the U.K. If people thought Greek risk hung uncertainty on the euro area or the fiscal cliff risk clouded the U.S. investment climate, this will be every bit as bad for the U.K. To stretch it out until 2017 is madness.