Profit

'Expecting modest EU growth'

PUBLISHED ON: January 29, 2012 | Duration: 1 min, 52 sec

  
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The outgoing CEO of Deutche Bank tells NDTV that the steps taken by the European Central Bank has been critical in restoring faith in Europe's banking system. The financial system is much more stable than before, Ackerman says. But the deleveraging process for the banks in the EU region means that growth will be muted in the near future.
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