The looming European banking crisis
For many years all European banks have been in poor shape. The coronavirus pandemic has merely exposed the glaring fault lines of some of the world’s most clunky and inefficient banking systems.The question we should all be asking is: after the bailouts of 2008, are we now prepared for the European bail ins of the 2020s? Author Alex Krainer and University of Helsinki Professor of Economics Tuomas Malinen join host Ross Ashcroft to discuss the upcoming crisis and provide us with some potential solutions.
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