• Britain may find itself being ordered by a European banking regulator to inject yet more capital into the bank, despite its negligible exposure to Greece and other peripheral countries, because of stress tests designed to shore up the financial system in the euro-zone.

    ECONOMIST: Recapitalising Europe��s banks: Cushion calculations | The

  • The scheme is designed to protect weak links in the euro zone for the next three years, buying them the breathing space to shore up public finances, clean up banks and retool uncompetitive economies so they can grow again and pay off their debts.

    ECONOMIST: Charlemagne

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