The disaster isn’t 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 no less than. What is required, subsequently, is warning on the a part of traders to anticipate potential additional blows – but in addition to make sure that banks have enough reserves of energy to guard their fairness securities from a potential momentary or full devaluation. The concept being to keep away from a drift of the deposit base and thus to safeguard their ‘capital belongings’.”
This text was initially printed by eurotopics.internet. Learn the authentic article right here.
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