Tag #European Banking Crisis

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EU Banking Crisis: Spain's High Cost and Opaque Bank Profits

Eurostat data reveals a €266.171 billion cost for the EU banking crisis (2007-2024), with Spain bearing the largest burden (€72.655 billion), while a study shows Spanish banks received €8 billion in 2024 for risk-free deposits yielding a 3.7% return, despite earning €16 billion in net profit.

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