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Eurozone: Refinancing Gap of € 1.2 Trillion
Politics ♦
Published: April 10, 2013; 18:42 ♦ (Vindobona)
Austrian banks are at EU average and show a finance gap of € 30bn.
Eurozone: Refinancing Gap of € 1.2 Trillion / Picture: © Vindobona.org
According to a recent study carried out by McKinsey, which was published today, the Austrian banks show a money gap of € 30bn which is 3 % of the balance sheets total. According to experts, the Austrian banks are equipped with a stable deposit base, which is at EU average, and well launched refinancing markets.
However, for the major banks and the total market, the refinancing…
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