Euro falls on renewed concern over German banks

9th September 2010, Comments 0 comments

The Euro has dropped below 1.27 in early trading 9 September after a German member of the European Central Bank, Juergen Stark, told the German government of the ECB’s concerns over German savings banks and the Landesbanken, saying some of them may need more capital. Germany’s public banks were not subjected to the ECB’s “stress ...

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