Ifo’s Sinn: Portugal bailout could be “bottomless pit” – Dow Jones
By Gerry Davies || April 14, 2011 at 06:23 GMT
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* Sees formal default in Greece “in near future”
* Situation in Portugal very similar to Greece
* Crisis could spread to Spain through Spanish banks
* Spanish current account deficit “much too big”
* ECB rate hike was “absolutely necessary”
* Afraid Germany won’t get back bailout loans
* Euro zone crisis helped boost investment in Germany
ja tämä vielä Saksan keskuspankin johtaja: Saksan pankit tarvitsevat 50 miljardia euroa läpäistäkseen EU:n Baselin kokouksen päättämät pankkien stressitestit!
Bundebanks Zeitler: Rough estimate shows German banks require capital of 50 bln euros to fulfill Basel III rules
By Gerry Davies || April 14, 2011 at 06:36 GMT
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Category: All, Europe, Mkt News, Regions
Tags: bundesbank, european banks
By Gerry Davies || April 14, 2011 at 06:23 GMT
|| 1 comment || Add comment
* Sees formal default in Greece “in near future”
* Situation in Portugal very similar to Greece
* Crisis could spread to Spain through Spanish banks
* Spanish current account deficit “much too big”
* ECB rate hike was “absolutely necessary”
* Afraid Germany won’t get back bailout loans
* Euro zone crisis helped boost investment in Germany
ja tämä vielä Saksan keskuspankin johtaja: Saksan pankit tarvitsevat 50 miljardia euroa läpäistäkseen EU:n Baselin kokouksen päättämät pankkien stressitestit!
Bundebanks Zeitler: Rough estimate shows German banks require capital of 50 bln euros to fulfill Basel III rules
By Gerry Davies || April 14, 2011 at 06:36 GMT
|| 1 comment || Add comment
Share and Enjoy:
* Print this article!
* E-mail this story to a friend!
* Yahoo! Buzz
* Live
* Digg
* del.icio.us
* TwitThis
* Mixx
* Spurl
* StumbleUpon
* NewsVine
Category: All, Europe, Mkt News, Regions
Tags: bundesbank, european banks
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