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SNB's Danthine Says Economy Vulnerable to Credit Bubble
Bloomberg The Swiss economy is vulnerable to instability in the banking sector caused by an unsustainable rise in mortgage debt, the central bank's vice president said. In recent years, credit growth has outpaced that of the economy, and the ratio of private … Swiss Real-Estate Boom Puts Economy at Risk Warns SNB Danthine SNB's Danthine: Swiss Economy In State Of High Vulnerability |