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European bank assets push investors to raise $76 billion

June 16, 2012 Leave a Comment

European central bank

Some European countries are struggling to try all methods to boost their weakening economies. However, this recession scenarios do not seem to scare away investors. In fact, some investors think that this might be the right time to invest in the continent.

PricewaterhouseCoopers has recently revealed that investors raised about €60 billion ($76.5 billion) to purchase so-called noncore loans shares being currently in the possession of European banks.
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Filed Under: Banks, Investments, Loans Tagged With: E.C.B., Europe, European bank assets, European Central Bank, PricewaterhouseCoopers, real estates

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