The Ultimate Course for Relationship Rescue

With my online course, Save My Marriage Today!, I have created the ultimate package to help couples repair, heal, and rebuild their marriages in crisis. My course is the result of years of experience and consultations with psychologists, life coaches, and other experts in the field. It is guaranteed to help couples rescue and fortify their marriage and fix their marital problems before it leads to divorce. Simply by signing up, you get instant access to my complete marriage-saving package (two volumes, including Book 2: For Marriages in Extreme Crisis). You can download my course and be working through the exercises in minutes. Start your journey to a healthy marriage by visiting my website. Because your marriage comes first!

Italian banks could spark next euro financial crisis

Thursday, September 10, 2020

posted by Andrew

Italian banks could spark next euro financial crisis?????.

With its record profits in Greece, Greece is a perfect laboratory for the new German banking machine, they say, and the only way to be safe from their banking machine is to stay away.

There could be no way out of this dilemma, however. After the worst Greek economic crisis since the 1930s and during which Greece lost close to 75 billion euros, banks are refusing to lend out any more. The country is now in an emergency account for the euro, which is threatening to turn into a permanent euro-zone crisis. In addition, the Greek government has slashed government spending by almost 3% compared to previous estimates, with some estimates rising as high as 3.6%. The European Commission has decided it will not let Greece out o??? ???f a euro-zone rescue programme without new debt relief for the next six months, while even Merkel’s European partners seem to be moving too fast to the door.

The most significant aspect of this crisis is the fact that the Greek bank deposit system is collapsing. The country has just 0.12 trillion euros as collateral, and these don’t even hold all of the Greek banks’ Greek liabilities. “At least until there is an injec????tion of emergency liquidity, the Greek banking system cannot be saved,” says Alexei S. Shvartzkov, deputy chief economist at Barclays. Greece’s banks have been closed since late November and December, which means that they have all but collapsed under the weight of the Greek banking system. In December alone, bank reserves fell from 2.35 trillion euros to 1.85 trillion euros – which has an average shortfall of 6.5%, according to the Bank of Greece.

It is therefore essential that Greece does not face a further crisis, argues Shvartzkov: “While the government and its creditors keep making concessions, the Greek economy appears to be on a knife’s edge. This is a crisis that only the Greek people can get out of. Otherwise, a crisis would have consequences not just for Greece but for many of the eurozone’s weaker members.”

On Monday night, the government announced an extraordinary package to help Greek banks: to increase government spending by 500 million euros to 5.7% of GDP by next year, as well as by 50 billion euros in order to ensure banks are able to lend out more. If the latest Greek government claims are credible, then this package will raise GDP over that of the EU-27 by 2.4%. There are suggestions that the government has been offering money to banks on interest rates rather tha

No Comments

No comments yet.

RSS feed for comments on this post.

Sorry, the comment form is closed at this time.


You may be making mistakes that will jeopardize your marriage recovery! My Save My Marriage Today course has helped save thousands of marriages and is guaranteed to deliver results or your money back.

You can’t afford to give your marriage 50%. You need 100% - you need the BEST information now! You have to learn what it takes to save your marriage. Get the whole package that gives you REAL results ... guaranteed.

You have to go to and get my course.

Because your marriage deserves better!