Tension builds around Merkel to support banks

Note: This section contains information in English only.
Source: Bloomberg

Continuous tension builds up around Angela Merkel, as Mariano Rajoy pushes to determine a proper remedy for the debt crisis and reinforce the support for bank protection. On 2 June Rajoy emphasized the need to strengthen the banking union and backed up the idea of establishing a centralized structure to recapitalize investors. However, Merkel, also on 2 June, strengthened her position against debt sharing and stated that under no conditions Germany would support euro bonds.

Actual Topics

Subscribe to "Fundamental Analysis" feed

Subscribe
To learn more about Dukascopy Bank CFD / Forex trading platform, SWFX and other trading related information,
please call us or make callback request.
For further information regarding potential cooperation,
please call us or make callback request.
To learn more about Dukascopy Bank Binary Options / Forex trading platform, SWFX and other trading related information,
please call us or make callback request.
Chcete-li se dozvědět více o platformě Dukascopy Bank CFD / Forex, SWFX a dalších souvisejících obchodních informacích, prosím, zavolejte nám, nebo vám můžeme zavolat my.
To learn more about Crypto Trading / CFD / Forex trading platform, SWFX and other trading related information,
please call us or make callback request.
To learn more about Business Introducer and other trading related information,
please call us or make callback request.
For further information regarding potential cooperation,
please call us or make callback request.