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Old 10-06-2008, 12:06 PM   #2
WiNaDeYo
Avalon Senior Member
 
Join Date: Sep 2008
Location: Lombardy, Italy
Posts: 222
Default Re: EU heads start bank crisis

Yes...
Italy's PM went to Naples (not Rome???) for a meeting about the banking situation last week and I heard on the TV that the "4G" (?Italy, Germany, France and Spain?) were to meet today. Italy says that they will garantee depositers and Germany as well.
Today I heard that the Italian Unicredit has crashed as well as the German Hypo RE and another that I didn't catch the name of.
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