FT: EU’s FISH economies unsettle US investors

Even Holland, which has hitherto escaped market attention, remains plagued with structural challenges. “Holland has a property market that is in the process of bursting and the household debt is very high (Holland is four years behind Spain),” says Stephen Jen of SLJ Macro in a recent research note. “The Netherland’s residential debt (mortgages) to GDP ratio is 107.1 per cent, compared with 52.4 per cent for Spain and 41.2 per cent for France.”

Read the original article on the ‘FT’ website.

Posted on the 15/02/2013 at 9:17am by joana.