Middle East Economic Survey
VOL. LIII
No 21
24-May-2010
REGIONAL
Gulf States Less Exposed Than Other MENA To Eurozone Woes, Says Credit Agricole
Gulf Arab states are more insulated than other MENA countries from the impact of the European sovereign crisis in the short term, says Credit Agricole in a 14 May report. Gulf banks exposure to Europe is contained and provides little systemic risk, but any precipitous and sustained price drop in commodities such as oil or global equities would not bypass...
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