And you see green shoots?

Posted on / Brussels / Economy - Eurozone banks face $283bn writedowns .

Eurozone banks face additional losses of more than $283bn this year and next as continental Europe’s severe recession intensifies strains on its financial sector, the European Central Bank has warned.

I don't spy green shoots.

I just see markets making merry on tax payers money which they are using for speculation, not lending.

Which is why firmer control of banks is necessary.

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