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Thursday, 27 October 2011

"If Ozouf Says It's Good - It Probably Ain't"

Euro debt deal ‘good news for Jersey’

Treasury Minister Philip Ozouf
Treasury Minister Philip Ozouf

THE trillion-euro debt deal clinched early this morning by European leaders will provide a knock-on boost for Jersey’s UK-dependent economy, according to the Island’s Treasury Minister.

Senator Philip Ozouf said that the current ‘economic chill’ on markets, businesses and jobs in the UK had a knock-on effect on the Island, and that a more stable and secure Europe was good for business and good for Jersey.
Speaking after agreement was reached on a deal for banks to write off 50 per cent of the Greek debt and bolster Europe’s ‘bail-out fund’ to one trillion euros (£880 billion), the Senator said that although Jersey would not be directly affected, there would be an indirect benefit to businesses and Islanders.

4 comments:

  1. not many comments lately ?

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  2. I think people are still in mourning over the election results!!!

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  3. I am sure you are right about people still mourning.

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  4. Well, here's a comment. Ozouf is an incompetent. OK?

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