Search results for "sovereign risks"


25 June 2010 10:07 AM | Tagged: sovereign risks
The Bank of England warned on Friday the eurozone debt crisis posed a risk to Britain's financial system and urged its banks to build up their reserves.In its Financial Stability Report, the bank praised the 750-billion-euro EU-IMF stabilisation fund put together last month to prop up the euro after markets took fright at Greece's debt problems.But it warned of continuing market pressures which