Euro Crisis May Spur Bank Bailouts, Reg Delays... ( read more )
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The Euro Crisis has been an ongoing problem for the European Union for several years now, and it seems like it may finally be reaching a breaking point. With countries like Italy and Greece struggling to keep their economies afloat, the possibility of bank bailouts and regulatory delays is becoming increasingly likely. One of the major issues facing the EU is the sheer amount of debt that many countries have accumulated over the years. Greece, for example, has a debt-to-GDP ratio of over 180%, which is almost three times the EU average. This debt has made it difficult for these countries to borrow money, which has led to a liquidity crisis that has impacted their banks as well. As a result, these banks may require bailouts from t...
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