Business Insider |
Europe's lenders on central bank life support
Reuters By Steve Slater and Marc Jones LONDON/FRANKFURT Dec 16 (Reuters) – European banks face a 725 billion euro funding crunch in 2012, forcing them deeper into the arms of a European Central Bank which is prepared to prop up banks but not governments. … THE HOTTEST QUESTION IN EUROPE: Did The ECB Just Pull Off A Back-Door Bailout … Standard Life Sees Weaker Euro as ECB May Relent on Bonds Talk of Aid From Russia Buoys Markets in Europe |