EU Taxpayers Brace As Deepening Banking Crisis Means Euro-TARP Looms

If the ECB scales back stimulus, banks face even greater risk of collapse. But now there’s a new solution Events are moving so fast in Europe these days, it’s almost impossible to keep up. While much of the attention is being hogged by political developments, including the election in the Netherlands, Reuters published a report warning that the European banking sector may face even higher bad loan risks if the ECB begins to scale back its monetary stimulus programs, something it has already begun, albeit extremely tentatively.


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