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European zombies are haunting the economy

The region is caught in a trap with ailing banks keeping struggling companies afloat with loans they can’t pay back
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Banks slow ECB crisis money repayment

Business & Finance : Business Report

Banks will pay back only another 3.5 billion of emergency 3-year loans from the European Central Bank next week. ||| Frankfurt - Banks will pay back only another 3.5 billion of emergency 3-year loans from the European Central Bank i...

Greece looks for help after default

Business & Finance : Business Report

Greece is appealing to its euro zone partners and the European Central Bank to keep it afloat. ||| Athens/Brussels - Greece was appealing to its euro zone partners and the European Central Bank on Wednesday to keep it afloat after d...

The IMF Wants To Put Taxpayers On The Hook For New Bank Loans In Europe

Business & Finance : Business Insider: Clusterstock

The IMF has called on European governments to guarantee bank lending to companies in order to support the region's economic recovery. The plan would put taxpayers on the hook for loans that go bad, loans that banks are either unable...

14 Horrible Facts About The Spanish Economy

Business & Finance : Business Insider: Money Game

Spain has quickly gone from a background worry to an immediate concern, as its banking sector struggles to stay afloat under the weight of more and more troubled loans. Meanwhile, the Spanish government is paying more and more to bo...

RAY DALIO: There will be 'big, bad outcomes' if the ECB doesn't keep buying bonds (EUR)

Business & Finance : Business Insider: Money Game

There will be "big, bad outcomes" if the European Central Bank prematurely reduces its bond-buying program designed to support the economy, according to Bridgewater Associates founder Ray Dalio and his colleagues. Dalio and his coll...

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