Credit Rout to Trim Euro-Area Growth in 2008, EU Says (Update1)
Story date: 2007-10-04 04:23:00
Added on: 2007-10-04 06:37:07
Bloomberg - The interest rate on interbank loans jumped in August after European lenders revealed losses in the U.S. subprime-mortgage market. The gap between three-month interbank interest rates and the European Central Bank's benchmark rate reached 0.72 ...
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