ECB: small banks vulnerable to withdrawal of Covid relief

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ECB: small banks vulnerable to withdrawal of Covid relief

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Logo of Euro as large sculpture in front of the European Central Bank in Frankfurt am Main, picture taken on the 7th of October in 2013. | usage worldwide | Frank Rumpenhorst/DPA/PA Images

The European Central Bank revealed this week that 10 small banks would be operating below their regulatory capital requirements if they hadn’t made use of transitional support measures during the coronavirus crisis.

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