/ world today news/ The American and world economy may experience tremors if Greece and its creditors fail to reach an agreement, warned the president of the US Central Bank, Janet Yellen.
“Commenting on the hypothesis that there will be no agreement, I foresee possible tremors that could affect the economic prospects of Europe and financial markets around the world,” she said at a press conference. For several weeks, Greece and its creditors have not been able to reach an agreement on the reforms that the country must carry out in order to receive a tranche of 7.2 billion euros. This loan is vital for the country, which is otherwise threatened with bankruptcy. Yellen herself expressed strong concern about this possibility. The USA does not have a direct dependence on the state of the Greek economy, but it is not protected from tremors in a negative scenario for Europe. To the extent that this would have an impact on the Eurozone economy or global financial markets, it would undoubtedly have a negative impact on the US economic outlook, Yellen said.
Washington / USA
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