European banks are the latest casualties of the EU Sovereign debt crisis, reflecting fears that these institutions have too much exposure to sovereign bonds issued by the fiscally weak PIIGS (Portugal, Italy, Ireland, Greece and Spain). … Harald Uhlig's latest paper “Sovereign Default Risk and Banks in a Monetary Union” (CEPR DP9606, August 2013, http://www.cepr.org/pubs/dps/DP9606) “seeks to understand the interplay between banks , bank regulation, sovereign …
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Bank exposure to EU states' bonds on rise | www.bullfax.com
Bank exposure to EU states' bonds on rise | www.bullfax.com
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