Mass of Media: Banking crisis in Europe

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UPDATE 1-ECB’s Nowotny: no systemic banking crisis in Europe Reuters VIENNA, Sept 30 (Reuters) – Europe’s banking sector is not in a systemic crisis and does not need a bailout similar to the one planned in the United States, … … Read More

Mass of Media: Financial crisis

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A financial crisis happens when some financial institutions or assets suddenly lose a large part of their value. Many financial crises are banking panics, and many recessions coincided with these panics. Other situations that are often called financial crises include … Read More