Europe 'real risk' for global economy: Nobel laureate | Bangkok Post: news

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Europe 'real risk' for global economy: Nobel laureate

Debt problems in both the United States and Europe represent the biggest risks for the global economy in 2013, Nobel prize laureate Joseph Stiglitz wrote in a newspaper article on Wednesday.

US economist Joseph Stiglitz on December 10, 2012 in Barcelona, Spain. Debt problems in both the United States and Europe represent the biggest risks for the global economy in 2013, Nobel prize laureate Stiglitz wrote in a newspaper article on Wednesday.

"In the outlook for 2013, the biggest risks for the global economy are in the US and in Europe," Stiglitz wrote in a guest column for the business daily Handelsblatt.

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