August 26, 2011

Private investors say biggest risk is the euro

By Alice Ross

The strength of the euro is now the top concern of private investors, according to a survey, surpassing worries over inflation, recession and unemployment.

A crisis in the euro was cited as the economic outcome most feared by 26 per cent of 1,767 people surveyed by Dianomi, the financial marketing group. Just 9 per cent cited a euro crisis as their main concern when the survey was last carried out in January.

Euro-crisis continues to weigh on City

By Peter Ranscombe

FEARS over Germany's credit rating dragged down shares across Europe yesterday, wiping out early rises in London as worries over the European debt crisis began to re-emerge.

All three of the major credit ratings agencies denied rumours of a possible downgrade of Europe's powerhouse economy but that didn't stop Germany's Dax index losing 4 per cent in just 15 minutes.