Thursday, Jun 11, 2009
Trap coming to an end?
Telegraph: ECB fears bank crisis in 2010 as recession drags on
The European Central Bank is paying close attention to mounting difficulties at 25 banks deemed crucial to the health of the eurozone financial system, fearing another wave of bank turmoil next year if the recession drags on.
Posted by ftb david @ 08:27 AM (361 views) Add Comment
2 Comments
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1. Rich said...
evans pritchard again. He never seems to bore of writting negative things on europe. His record is appauling on predicting the eurgbp exchagne rate. He has been a euro bear for the last decade and has been wrong every year since starting his euro bashing. As a journalist he should do a little more journalism i think and try and report in an unbiased manner.
2. Ftb David said...
@Rich
I didn't realise he had such a bad record. Thanks for the background info.
This was the first article I've posted and the reason I felt it was of some interest was due to it being sent to me by three separate banks this morning.