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ECB’s de Guindos: European banks unlikely to fully recover before 2022

August 18, 2020 at 10:14AM

ECB’s de Guindos: European banks unlikely to fully recover before 2022
ECB vice president, Luis de Guindos, remarks
– European banks not likely to recover from the virus crisis before 2022
– The recovery of the Eurozone economy will be a vital factor in banks’ solvency
He’s not really touching on anything important in his lecture today, but the ECB in general doesn’t have much to offer as they
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