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Italian, Portuguese and Greek banks face debt ‘challenges’, says watchdog – Heemang Parmar

[ad_1] A requirement for banks in the European Union to issue debt to plug depleted capital in a crisis is particuarly challenging for lenders from Greece, Italy and Portugal, the bloc’s banking watchdog said on Monday. After taxpayers had to bail out undercapitalised lenders in the global financial crisis more Read more…

By Heemang, 2 years ago

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