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Tuesday, October 9, 2012

IMF warns eurozone banks on capital flight



IMF warns eurozone banks on capital flight
The IMF has warned that unless the eurozone resolves its capital crisis, European banks’ balance sheets will contract severely, further damaging growth and pushing unemployment beyond already record highs in the region.

http://link.ft.com/r/M2ZOXX/MSEV9M/GKXE28/8ZPHQ3/WHHIF7/CM/h?a1=2012&a2=10&a3=9

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