The sovereign-debt crisis engulfing Greece risks spreading to Britain and the U.S. unless decisive steps are taken to rein in their budget deficits, said former Bank of England policy maker DeAnne Julius .
July 18 (Bloomberg) -- DeAnne Julius, a former member of the Bank of England Monetary Policy Committee, talks about the minutes of the BOE's July meeting and the outlook for bank regulation. She speaks with Francine Lacqua and Guy Johnson on Bloomberg Television's "City Central." (Source: Bloomberg)
Former Bank of England policy maker DeAnne Julius said Portugal may be the next country to suffer liquidity strains after the cost of Ireland’s bank bailout forced it to request a European rescue package.