AUSTRALIA/EUROPE - The head of Australia's sovereign wealth fund has launched a harsh attack on eurozone's political class, saying the bloc's debt crisis stemmed from "a failure of government to understand the nature of financial markets and to stop the level of indebtedness of countries".
David Murray, chair of Australia's A$75.2bn (US$73.5bn)Future Fund, said: "Those elected to political life have to understand the limits of debt they should have, and their responsibilities. "It...
To continue reading this article...
Join Professional Pensions
Become a Professional Pensions Lite Member today
- Three complimentary articles per month covering the latest real-time news, analysis and opinion from the industry
- Receive important and breaking news stories via our two daily news alerts
- Hear from industry experts and other forward-thinking leaders