Saturday, December 19, 2009

ECB Raises Forecast for Euro-Region Writedowns by $268 Billion

http://www.bloomberg.com/apps/news?pid=20601110&sid=aDByXJegUBII

Euro-region banks may have to write down an additional 187 billion euros ($268 billion) as loans to property companies and eastern European nations threaten the recovery in financial markets, the European Central Bank said. ...

No comments:

Post a Comment