Mark Carney: If not for the severity of economic crisis in the likes of Greece and Spain, economists would be describing Britain as the sick man of Europe. By almost every measure employment levels, export revenues, the value of the pound sterling, the countrys debt-to-GDP ratio Britain is among the worlds most troubled major economies, according to The Star. Its no surprise, then, that skepticism and resentment over the imported saviour have been building in London since Carney gave in to the blandishments of Cameron and Osborne last November. In the British popular press Carney has been described as an expensive foreign mercenary and As Mark Carney heads into his final week as governor of the Bank of Canada BOC , hes mindful of the high expectations of him when he takes on the same role in Britain on July 1. David Cameron, the British PM, and his finance minister, Chancellor of the Exchequer George Osborne, have vigorously promoted Carney the youngest, best-paid and first non-Brit to head the venerable Bank of England BOE as an economic superman.
(www.immigrantscanada.com). As
reported in the news.
Tagged under Mark Carney, economic crisis topics.
26.5.13