Jump to content


Failing Health of Italian Banks Hangs Over Markets


interestrateripoff
style="text-align: center;">  

Thread Locked

because no one has posted on it for the last 4102 days.

If you need to add something to this thread then

 

Please click the "Report " link

 

at the bottom of one of the posts.

 

If you want to post a new story then

Please

Start your own new thread

That way you will attract more attention to your story and get more visitors and more help 

 

Thanks

Recommended Posts

http://www.nytimes.com/2013/03/19/business/global/failing-health-of-italian-banks-hangs-over-markets.html?ref=business&_r=0

 

LONDON — As financial markets tried Monday to digest Europe’s unprecedented decision to impose bailout losses on Cypriot bank depositors, a second front of fear has broken out in the European debt crisis: the failing health of Italian banks.

The stocks of large banks in the Netherlands, Spain and France led market declines across Europe on Monday, as the euro fell about 0.8 percent against the dollar after dropping at one point as much as 1.5 percent. The bond yields of troubled euro zone economies also ticked up slightly.

Attracting the most concern were the bonds of the four largest banks in Italy, with jittery investors unloading their positions. The fear is that they might become the latest investor class to suffer losses as a result of a new get-tough attitude in Brussels when it comes to bailing out banks.

 

Italy next to have a tax on savings?

 

European wide bank run anybody?

If DEBT is the problem REPAYMENT is the solution

 

Debt revenue doesn't equal tax revenue

 

I will pay for my own stupidity but not for the stupidity of others.

 

Remember, profits are privatised, losses are socialised.

That's the 21-century Free Market.

Link to post
Share on other sites

  • Recently Browsing   0 Caggers

    • No registered users viewing this page.

  • Have we helped you ...?


×
×
  • Create New...