Author (Corporate) | Open Europe |
---|---|
Publisher | Open Europe |
Series Title | Briefing Note |
Series Details | April 2013 |
Publication Date | 11/04/2013 |
Content Type | Journal | Series | Blog |
There has been much speculation about which Eurozone countries might be next in line for a bailout after Cyprus and the extent to which shareholders and depositors will take losses when banks fail (bail-ins). Much of the attention has settled on two countries. Firstly, Portugal, which has been propelled back into the headlines, with the country’s constitutional court recently ruling against some of the government’s EU-mandated budget cuts. Secondly, Slovenia, which is facing a massive banking crisis, in turn providing another potential testing ground for the eurozone’s vaguely defined ‘bail-in’ plans. |
|
Source Link | Link to Main Source http://www.openeurope.org.uk/Content/Documents/Pdfs/2013Whosnextinline.pdf |
Countries / Regions | Europe, Portugal, Slovenia |