In the FT, Martin Arnold reports about estimates by Fitch according to which European banks would have to raise up to €170bn of extra capital or sell almost €500bn of sovereign debt if regulators push ahead with plans to break the “doom loop” tying lenders to their governments … The European Commission and the European Central Bank support steps in that direction while some European governments oppose them.
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Dirk Niepelt considers the following as important: Bank, Capital requirement, European Central Bank, European Commission, Notes, Sovereign Debt
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In the FT, Martin Arnold reports about estimates by Fitch according to which
European banks would have to raise up to €170bn of extra capital or sell almost €500bn of sovereign debt if regulators push ahead with plans to break the “doom loop” tying lenders to their governments …
The European Commission and the European Central Bank support steps in that direction while some European governments oppose them.