Stig Östlund

måndag, maj 07, 2012

Saving the Euro Will Require Banking Sector Reform

As concerns about Spanish banks grow, leading economists are warning that Europe's banking system urgently need to be overhauled, otherwise the entire monetary union could be in jeopardy. The continent's leaders missed their chance to reform the system in the wake of the 2008 financial crisis, and are now paying the price. /Der Spiegel

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