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View Full Version : Germany Backing Italian Debt Seen as Key to Europe Bank Crisis - Bloomberg



NewsWhore
10-14-2011, 04:20 AM
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Germany Backing Italian Debt Seen as Key to Europe Bank Crisis (http://news.google.com/news/url?sa=t&fd=R&usg=AFQjCNECLjIKJVu7vEmbpLQ7UwGzpExpuQ&url=http://www.bloomberg.com/news/2011-10-14/germany-backing-italian-debt-seen-as-key-to-europe-bank-crisis.html)
Bloomberg
Rules promulgated by the Basel Committee on Banking Supervision have encouraged banks to hold government bonds issued in their own countries&#39; currency because they&#39;re treated as risk-free and highly liquid assets. Rogoff, co-author of “This Time Is ...

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