Bank customers in Cyprus, which agreed to a 10 billion euro ($13 billion) bailout today, may line up to withdraw money when savings institutions reopen, Holger Schmieding, chief economist at Berenberg Bank, said.
"Renewed concerns about other euro-zone members including Greece could near-term retard the rebound in business confidence and investment somewhat."
- Holger Schmieding on Jan 07, 2015
The Bloomberg Advantage: Schmieding on Greece, Johnson on Tech
Berenberg’s Schmieding Sees Serious Recession Risk
Berenberg’s Schmieding Anticipating ECB Bond Buying
Schmieding: Greece Must Shift From Fiscal Austerity
Schmieding Sees Lower Inflation in Europe