Boiling Frogs

French banks withdraw their money from PIIGS countries

April 25th, 2012  |  by  |  published in Warning signs | 1 Comment »

French banks withdraw their money from PIIGS countries

Another warning signal that the euro crisis is far from over : French banks withdrawed roughly 62 bn euros from the so called PIIGS countries last quarter, Bank for Settlements’ new data release shows.

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