【速度】
Europe’s banks
The fear factor
Preventing a big European bank run
Jun 2nd 2012 | from the print edition
【计时1】
IN CONTINENTAL capitals and bank boardrooms there is a common fear. It is that the slow jog of deposits leaving banks in Greece and, more recently, Spain, may turn into a full-blown run that quickly spreads from bank to bank, and then from country to country. There have already been some warning signs, such as a sudden acceleration of deposit outflows from Greek banks in May.
A fierce debate is now taking place as to the best way to avert a run that, if it started, might be difficult to contain and could lead to massive capital flight from the euro zone’s peripheral countries, which have
