Photo Gallery: ECB Concerned About Banks' Sovereign Bonds
KAI PFAFFENBACH/ REUTERS

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Photo Gallery: ECB Concerned About Banks' Sovereign Bonds

Growing Risks Government Bond Holdings Could Burden Banks

European banks hold increasingly large shares of government bonds as a result of the debt crisis. If those states default and can no longer service their debt, it could lead to massive losses. Germany's Bundesbank is pushing for new rules at the ECB.
Translated from the German by Paul Cohen