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Fears for European Banks as Depositors Withdraw Moneyi
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May 31, 2012 5:15 PM
The European Central Bank has asked financial institutions across Europe to stand behind their struggling counterparts in Greece, Spain and other countries caught in the euro debt crisis. Banks have an incentive to support their rivals. But will Europe’s savers be as patient and keep their money where it is? VOA's Dominic Laurie reports.

Fears for European Banks as Depositors Withdraw Money

Published May 31, 2012

The European Central Bank has asked financial institutions across Europe to stand behind their struggling counterparts in Greece, Spain and other countries caught in the euro debt crisis. Banks have an incentive to support their rivals. But will Europe’s savers be as patient and keep their money where it is? VOA's Dominic Laurie reports.