Roberto Abraham Scaruffi: Banking Crisis Leaves Europeans with Bill in the Billions

Tuesday, 30 September 2008

Banking Crisis Leaves Europeans with Bill in the Billions

THE CREDIT CRUNCH
Banking Crisis Leaves Europeans with Bill in the Billions
By Stefan Schultz
This week Europe has fallen deeper into the credit crunch. With multi-billion euro bailout packages, Germany, Britain and the Benelux states have saved banks from collapsing.