The sovereign debt crisis in Europe has increased the risk exposure of banks in the region by 300 billion Euros, and they will require recapitalization, possibly through the European Financial Stability Facility, in order to bear the potential losses, the IMF estimates.
IMF: The European sovereign debt crisis has raised the risk exposure of the banks in the region
. (Translated by Cosmin Ghidoveanu)
Ziarul BURSA #English Section / 22 septembrie 2011