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The file on european financial crisis
We have exhausted our recourse to borrowing. Other ways must be found if we want to avoid general bankruptcy
In a research note that was published on Friday, the American bank estimated 50 European banks out of 91 could fail the new tests prepared by the European Banking Authority (EBE)…
Mike Story, economist at Western Asset Management, analyses the outcome of the four potential scenarios to the Eurozone crisis: no Eurozone restructuring, orderly Eurozone restructuring, disorderly Eurozone restructuring or Eurozone (...)
The Euro is, in principle, the common currency of the Europeans, however the crisis of sovereign has uncovered something completely unexpected and previously hidden. The Euro is, in fact, proving itself to be a foreign (...)
In a message to investors, Crédit Agricole has presented its new strategy in a context marked by the lack of confidence of markets in European banks. The group is adjusting to this new operating environment.
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