Bloomberg: 'Soaring Target2 Imbalances Stoke German Risk Angst: Euro Credit'
Published 13 March 2012
Bloomberg quotes Lancaster economist John Whittaker in an article about German angst over the funding of European debt. "The Germans are very much justified in their concern. The Target2 liabilities are just as risky and just as real as holding the government bonds of Greece and other peripherals," says Whittaker.
