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Archive Home > 2008 > September > 30 > Authorities aid banks in Europe

Authorities aid banks in Europe


September 30, 2008

FRANKFURT, Germany — The turmoil that has rocked the U.S. banking system spread to Europe on Monday, buffeting institutions in at least four countries with a chain of new failures. Belgium, the Netherlands and Luxembourg came up with 11.2 billion euros, or $16.2 billion, to rescue the....

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