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Banking

Eurowrap 30/11/12

A focus on the key news and analysis surrounding the eurozone crisis


Greek banks and the Greek bond buyback  

Why banks aren’t keen to be involved in the buyback.

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Goldman Sachs' role in eurozone debt fraud to be kept secret 

The European Central Bank has won a ruling to refuse access to secret files showing how Greece used derivatives to hide its debt. They were reportedly guided in this scam by Goldman Sachs.

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Eurozone economic sentiment unexpectedly up in November 

An index of executive and consumer sentiment in the 17-nation euro area increased to 85.7 from a revised 84.3 in October.

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Spain’s bank rescue is part bail-in, part bailout 

When politics gets in the way.

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