Voices of WEMU
Wed October 12, 2011
Does Dexia's Collapse Herald A Wider Banking Crisis?
Until now, the eurozone debt crisis has been confined to countries on the continent's periphery — like Greece, Spain and Ireland. But that may be changing with the collapse of a bank at the core of the eurozone. While some call Franco-Belgian lender Dexia's demise an exception, others say it is a wake-up call for all European banks.