EU Banks Face Daunting Payment Deadline to ECB

0
202

European banks must pay back nearly 500 billion euros to the European Central Bank, with many experts predicting that some banks may struggle to meet this financial obligation, particularly banks located in Greece and Italy. As a result, the ECB may have to launch another anti-crisis mechanism to finance these struggling banks.

This site uses Akismet to reduce spam. Learn how your comment data is processed.