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Inflation as the larger threat | Observador – Portugal

The disaster is just not over but, says Naftemporiki:

“The relative calm that has prevailed in investor circles since yesterday doesn’t imply that the issues are over. Quite the opposite – what occurred final Friday to Deutsche Financial institution, Europe’s most systemically vital group, raises uncertainty for the following few weeks at the least. What is required, due to this fact, is warning on the a part of traders to anticipate doable additional blows – but additionally to make sure that banks have enough reserves of energy to guard their fairness securities from a doable short-term or full devaluation. The concept being to keep away from a drift of the deposit base and thus to safeguard their ‘capital property’.”

This text was initially revealed by eurotopics.internet. Learn the unique article right here.

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