European Markets Are Sliding Across The Board, While Libya-Connected Bank UniCredit Hits New Lows


Photo: Wikimedia Commons

And not surprisingly, with everything else going on, the European market is getting whacked.Germany, France, and Spain are all down over 1%.

UniCredit, the Italian bank that’s closely linked to Libya is off another 1.5%, falling to its lowest level since the crisis began.

Remember, UniCredit counts Libya’s Sovereign Wealth Fund and Central Bank as major shareholders.

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