Comment: Don’t fret, ECB will prevent new banking crisis...

The plight of Deutsche Bank has been met in certain corners of Europe with no little schadenfreude.
Comment: Don’t fret, ECB will prevent new banking crisis...

The word sweetly captures the quiet delight being felt in Athens, Lisbon and Dublin.

Members of Europe’s bailout club will have taken note of official assurances that all is well with Deutsche; the denials that it might ever need financial assistance.

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