European Banks May Face Refi Crisis

10 Dec 2010

Banks in the eurozone may face a refinancing crisis over the next two years as a result of turbulent markets and rising borrowing requirements of governments within the bloc, according to the European Central Bank.

Banks in the eurozone may face a refinancing crisis over the next two years as a result of turbulent markets and rising borrowing requirements of governments within the bloc, according to the European Central Bank. The ECB warned that while the €1 trillion ($1.33 trillion) of debt due ...

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