After running out of cash, Spain's Banco Popular has been forced to sell out to a bigger domestic rival, Santander. The move came on the back of increased pressure from the European Central Bank.
As lenders decide on Greece’s post-bailout future, some say it may not differ much from its bailout present: targets, compliance and disbursements. DW talked with Alexander Kritikos, an expert on Greek political-economy.
After losing more than half of its market value in recent days, Banco Popular was running out of cash, and forced to sell out to its bigger Spanish rival on pressure of the European Central Bank.
A decade ago, the subprime crisis began in the US, which a year later became a global financial crisis with the failure of Lehman Brothers. DW explores what politicians and the financial world have learned.
Stress tests of Europe's biggest banks showed most are healthy. A few appeared wobbly: Italy's Banca Monte dei Paschi di Siena, Allied Irish Banks, Scotland's RBS, Austria's Raiffeisen and Spain's Banco Popular.
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