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Bailout
: Calculated RiskWSJ: "$1.65 trillion Euro zone bank debt coming due in 2010 and 2011"
By Anonymous
$1.65 trillion: Euro zone bank debt coming due in 2010 and 2011.The results of the stress tests will be released on July 23rd.
...
As investors fret about European banks? exposures to Greece and other financially troubled countries, those banks? borrowing costs are rising sharply. ... This year and next, some $1.7 trillion in euro-area bank debt will come due, far more than among banks in the U.S., the U.K. or elsewhere.
Full post as published by Calculated Risk on July 10, 2010 (boomark / email).
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