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Europe Daily Bulletin No. 10458

23 September 2011
Contents Publication in full By article 11 / 34
GENERAL NEWS / (ae) eu/banking
IMF says eurozone crisis has cost €200 billion so far

Brussels, 22/09/2011 (Agence Europe) - The cost of the sovereign debt crisis of five eurozone countries, Belgium, Spain, Greece, Ireland and Portugal, has cost European banks close to €200 billion so far, according to a financial stability report published by the International Monetary Fund on Wednesday at the opening of its AGM in Washington DC, but IMF monetary affairs director Jose Vinals was keen to point out that this did not amount to an estimate of European banks' extra capital...

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