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That reflects big differences in these countries' banking systems.
Surely the same applies to entire countries' banking systems?
It is true that some countries' banking systems have been largely unaffected by the crisis.
In many emerging countries, banking reforms have become possible only because financial disaster destroyed all arguments against them.
One reason why EU governments eventually rescued Greece was that a default would have threatened the member countries' banking systems.
The financial lifeline also gives the bank huge influence over those countries' banking systems, a situation that some leaders resent.
Similar(40)
Other European countries' banks are better off.
Firms are pulling deposits from peripheral countries' banks.
He went on: "Other European countries' banks are better off.
In several Latin countries, banks must be appraised regularly by private credit-rating agencies.
There is a risk that a lot of money will flow out of troubled countries' banks.
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CEO of Professional Science Editing for Scientists @ prosciediting.com