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What Crisis? EU Rules on Banks Lauded as Right After All

Published on: Tuesday, August 5, 2014 by Paul Stanbridge

Portugal’s rescue of Banco Espirito Santo SA may have eased some doubts about Europe’s banking industry by showing investors how the European Union’s thinking has evolved on handling failing lenders.  . .

http://www.bloomberg.com/news/2014-08-04/portugal-rescue-avoids-cyprus-style-pain-in-test-of-bank-rules.html