The European banks have to become saviors from bankruptcies — La Tribune

In the face of Koronavirus the European banks have to increase the reserves more than by 300 billion euro to prevent bankruptcies and to become saviors of economy of the European countries, the French newspaper La Tribune reports on September 2. Calculation that the available reserve of bank means of the European countries is capable to overcome consequences of the crisis caused of Koronavirus, did not come true. It was required a bigger covering of global losses. Thus not all countries appeared in identical situation. The French banks during the summer were quite sure of the debts. Frederick Udea, head of French banks...