Greek debt crisis stirs bank fears

Article reported that concern was growing among regulators in June 2011 that efforts to minimise the knock-on effects of a Greek government default would undercut the global drive to make banks safer by forcing them to hold more capital.

ESO: Background information: EU states urge flexibility in Basel rules http://www.europeansources.info/record/eu-states-urge-flexibility-in-basel-rules/

ESO: Background information: Trichet inflames Berlin dispute / Germany refuses to back down on Greece http://www.europeansources.info/record/trichet-inflames-berlin-dispute-germany-refuses-to-back-down-on-greece/

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