Press Release EIR
COPENHAGEN, July 11, 2008 (EIRNS) — For only the second time since World War II, the Danish National Bank has had to extend an extraordinary credit line to a commercial bank, this time to the medium-sized regional Roskilde Bank, one of the ten largest banks in Denmark. The credit line is for 1 million euros, for a period of six months. According to financial insiders, this is the opening shot of a financial crisis which will have a deeper and broader impact on the Denmark’s national economy, than Northern Rock did in Great Britain. Read the rest of this entry »
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