Geithner and Bernanke Are Very Worried Over European Banks

An insider revealed after a meeting yesterday that both Bernanke and Geithner were very worried about Europe’s debt problems. Among the topics discussed the most important was:

“One of the issues which we talked most was how to deal with the banking sector in Spain or in some other European countries because we should avoid a new banking crisis,” Katainen said. “This is an issue which we are considering right now.”

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