SAUDI ARABIA

 

Saudis Stick To Economic Expansion, Despite Crude’s Eurozone Jitters

 

As crude prices came under pressure last week on concern that the escalating urozone crisis will choke off global economic growth, senior Saudi government officials said the kingdom will stick to its expansion plans and maintain spending levels. They foresee robust growth, largely shielded from Europe’s woes, although stressed a need to continue to tackle...