Welcome to the new version of European Tribune. It's just a new layout, so everything should work as before - please report bugs here.
Eurointelligence: Economic and political situation in Greece deteriorates - and it looks that Wolfgang Schäuble's proposal will not be accepted (9 June, 2011)
German banks reduce their exposure in Greece

According to Financial Times Deutschland German banks have reduced their exposure in Greece significantly in recent months. Citing Bundesbank statistics the paper claims German financial institutions held €10 bn at the beginning of this year down from € 16 bn in April 2010. German banks reduced their exposure by €4bn, €2bn of Hypo Real Estate are no longer accounted for in these statistics because they are now in a specifically designated bad bank. The paper points out that the banks reduced their exposure despite an informal standstill agreement in which they pledged to keep their exposure constant. According to those statistics the French banks are still the most exposed on Greece with government bonds worth €11.2 bn.



Economics is politics by other means
by Migeru (migeru at eurotrib dot com) on Mon Jun 13th, 2011 at 10:54:28 AM EST
[ Parent ]

Others have rated this comment as follows:

DoDo 4
kjr63 4

News and Views

 8 - 14 February 2016

by In Wales - Feb 8, 36 comments

Your take on today's news media

 23 - 29 January 2016

by Bjinse - Jan 26, 82 comments

Your take on today's news media

 8 - 14 February Open Thread

by In Wales - Feb 8, 53 comments

And the wind howls on...

 Open Thread 30 Jan - 06 Feb

by Bjinse - Jan 30, 43 comments

Stay tuned

Occasional Series
Click for full list