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Bank Recapitalization Could Be Only 80 Billion Euros

October 20, 2011

Europe’s grand plan to strengthen its banking system is set to fall well short of market expectations, identifying a capital shortfall of less than 100 billion euros that must be made up over the next six to nine months, according to the latest official estimates. The FT reports.

Source: http://www.cnbc.com/id/44969778?__source=RSS*tag*&par=RSS
 
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