Mobius: Dubai will not go bankrupt, but …
Templeton Asset Management's Mark Mobius Founder of Emerging Countries Fund, the United Arab Emirates said that the problem of all real estate companies.
Mobius, cash flow-rich companies such as Emaar Properties, said that they are successful. Mobius, Dubai's bankruptcy and will not be saved, he added.
But Mobius, Mumbai and Shanghai, then to Dubai as the region likely to experience similar problems showed.
Meanwhile, the crisis in Dubai did not scare the Europeans. Swedish Finance Minister Anders Borg, European banks in Dubai said it was reasonable levels of risk.
Finance Minister Wouter Bos of the Netherlands, currently in a situation that requires extreme pessimistic not stated.
Finnish Finance Minister Jyrki arising from Dubai Katainen said did not see any serious risk.