Richard Brown and Julian Hall, financial experts from BestInvest, gave an overview of the economic situation to delegates at last week's joint AITO and AITO Agents' conference in Madeira, offering their thoughts on the current problems facing the eurozone.
Hall said: “It is wrong to assume that because the eurozone is structurally flawed its break up is desirable. The euro is likely to survive, albeit in a different form – perhaps as a two-tiered euro-zone, whereby countries group to form unions.

“Ultimately, with all the doom and gloom the global market will continue to move forward at a slower pace. Interest rates are likely to remain lower for longer and central banks appear o have inflation under some control and overall the world will continue to be a wealthier place overall.”

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