It only takes a few moments to share an article, but the person on the other end who reads it might have his life changed forever.

Monday, August 20, 2012

BREAKINGVIEWS-Spanish banks next for Greek-style ECB shakedown | Reuters

BREAKINGVIEWS-Spanish banks next for Greek-style ECB shakedown
| Reuters


"Spain’s banks may have begun to get the Greek treatment. When Athens’ lenders began to use too much of the European Central Bank’s conventional liquidity support measures earlier this year, the ECB moved to shift some of the risk onto the Bank of Greece’s and the government’s own balance sheet. Something similar looks to be afoot in Spain. "

No comments:

Post a Comment