A financial crisis in Europe might happen in ten years at the earliest, the Swedish financial group Swedbank's chief economist says, adding that such a crisis will probably be sparked by trade conflicts, not macroeconomic factors.
"I think that a crisis can happen, of course it can happen, but it will happen if trade conflicts escalate but not because of macroeconomic fundamentals, which in Europe are still good, except for Italy," Anna Brennan said during a forum in Vilnius on May 21.
"If you don't get trade conflicts escalating,...
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