HRE
GREECE
Bad bank lost €10 billion last year, more to come
German tax payers will face a bill of nearly €10 billion for the state-owned HRE “bad bank” to cover last year’s losses alone, while further billion-euro losses are expected this year.
German tax payers will face a bill of nearly €10 billion for the state-owned HRE “bad bank” to cover last year’s losses alone, while further billion-euro losses are expected this year.