Wednesday, December 14, 2011

Europe: More Bad News

Some headlines ...

From the WaPo: Greece is slipping on reforms, IMF warns

From the WaPo: UK’s unemployment increases to highest level in 17 years as austerity measures bite

From the Financial Times: Dive in deposits at foreign-owned banks in US

From the WSJ: Strains Remain in Interbank Market Despite Cheap Dollars

From CNBC: Fitch Downgrades Five Major European Commercial Banks and Banking Groups

It might be time for another summit.

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