Published On: Mon, Oct 22nd, 2018

European financial system ‘NOT in a good shape’ even 10 YEARS after global CRASH

THE European financial system is still “not in a really good shape yet” a decade after the global financial crash, according to the CEO of Austrian banking group Erste. Andreas Treichl told CNBC that European banks are still recovering after the Wall Street collapse in 2008 and the eurozone debt crisis of 2011.
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