Iceland's Prime Minister Geir Haarde warned on Tuesday that his country was facing a risk of «national bankruptcy» as the global
banking crisis threatened to overwhelm the island nation.
Not exact matches
Two weeks ago the US
threatened the
bank with a massive $ 14 billion fine for transgressions that led up to the financial
crisis, and the
bank's stock really started to plummet.
This is part of the long - running worry that the new monetary policy activism inspired by the financial
crisis threatens central
banks» political independence.
Denmark's
banking crisis is deepening as the new government's plan to impose a tax on lenders
threatens to deplete capital when most of the country's
banks have no access to funding markets.
The eurozone then struggled with a
crisis over excessive government and
bank debt that
threatened to break up the currency union.
The ECB is trapped, already holding 40 % of sovereign debt, with Spain and Italy presenting major challenges,
threatening to trigger a
banking crisis in the not - so - distant future.
But eventually Brown and Alistair Darling were forced to act in extraordinary and unprecedented ways by the sheer scale of the
crisis, which
threatened the viability of the whole
banking system and the economy.
Astonishingly, he downplays how this disastrous regime contributed to the
banking crisis and how that regime was opposed at the outset by many of us, including Eddie George, who
threatened to resign over it.
The
crisis of potentially losing his only friend sends Manglehorn into some dark, contemplative territory that
threatens to upend his secluded existence, especially as his relationship with the
bank teller becomes potentially romantic.
«[Central
banks] have chosen implicitly, if not in a more overt fashion, to set capital and other reserve standards for
banks to guard against outcomes that exclude those once or twice in a century
crises that
threaten the stability of our domestic and international financial systems.
The 2007 financial
crisis, which
threatened the collapse of large financial institutions worldwide, has once again brought to the fore the significance of development
banks.