Deutsche Bank: Luxembourg and Malta should learn from Cyprus

Luxembourg and Malta on 27 March 2013 rejected comparisons between their banking sectors and Cyprus. But Deutsche Bank says they also have reason to worry.

The Luxembourg government said in a communique it is "concerned by recent statements … on the size of the financial sector relative to the GDP of the country and the alleged risks this poses for fiscal and economic stability."

ESO: Background information: Eurogroup Statement on Cyprus, 25.03.13 http://www.europeansources.info/record/eurogroup-statement-on-cyprus-2/

ESO: Background information: Money laundering warning on EU expansion http://www.europeansources.info/record/money-laundering-warning-on-eu-expansion/

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