Wednesday 7 September 2011

Saudi FinMin: Euro crisis could hurt, sees opportunities | Reuters

Saudi Arabia's finance minister pointed to risks to its exports on Wednesday should the financial crisis in Europe lead to slower economic growth, although it may also present opportunities for its oil-rich investors.

There are growing fears that a fresh crisis in Europe could trigger a global recession.

Asked about any potential impact, Alassaf said: "Concerns could be for trade, or demand for Saudi production or exports."

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