French Finance Minister Bruno Le Maire told a French daily, Le Parisien, on Sunday, he doesn’t see any risk of contagion from Italy’s budget crisis in the European Union (EU), Reuters reports. Additional Comments: “We do not see any contagion in Europe. The European Commission has reached out to Italy, I hope Italy will seize this hand,” “But is the Eurozone sufficiently armed to face a new economic or financial crisis? My answer is no. It is urgent to do what we have proposed to our partners in order to have a solid banking union and a Eurozone investment budget.” French banks with branches in Italy had issued corporate and household loans totaling 280 billion euros ($319 billion). “This sum is manageable but substantial.” FX Street FX Street FXStreet is the leading independent portal dedicated to the Foreign Exchange (Forex) market. It was launched in 2000 and the portal has always been proud of their unyielding commitment to provide objective and unbiased information, to enable their users to take better and more confident decisions. View All Post By FX Street FXStreet News share Read Next Germany: Political defragmentation continues – ING FX Street 4 years French Finance Minister Bruno Le Maire told a French daily, Le Parisien, on Sunday, he doesn't see any risk of contagion from Italy's budget crisis in the European Union (EU), Reuters reports. Additional Comments: "We do not see any contagion in Europe. The European Commission has reached out to Italy, I hope Italy will seize this hand," "But is the Eurozone sufficiently armed to face a new economic or financial crisis? My answer is no. It is urgent to do what we have proposed to our partners in order to have a solid banking union and a Eurozone investment budget."… Regulated Forex Brokers All Brokers Sponsored Brokers Broker Benefits Min Deposit Score Visit Broker 1 $100T&Cs Apply 0% Commission and No stamp DutyRegulated by US,UK & International StockCopy Successfull Traders 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 2 T&Cs Apply 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 3 Recommended Broker $100T&Cs Apply No deposit or withdrawal feesTrade major forex pairs such as EUR/USD with leverage up to 30:1 and tight spreads of 0.9 pips Low $100 minimum deposit to open a trading account 9 Visit Site FreeBets ReviewsYour capital is at risk. 4 T&Cs Apply Visit Site FreeBets ReviewsYour capital is at risk. 5 Recommended Broker $0T&Cs Apply Trade gold, silver, and platinum directly against major currenciesUp to 1:500 leverage for forex trading24/5 customer service by phone and email 9 Visit Site FreeBets ReviewsYour capital is at risk.
