Article: Crisis Hurts Financial Institutions' Credibility in Europe; Confidence declines in 10 of 12 nations since economic downturn.(Survey)

Byline: Cynthia English

Synopsis: Confidence in financial institutions and banks fell significantly in 10 of 12 European countries Gallup surveyed before and after last fall's economic downturn -- with Ireland and Romania, the United Kingdom, and Portugal seeing some of the biggest declines.

WASHINGTON, D.C. -- Confidence in financial institutions fell significantly in 10 of 12 European countries Gallup surveyed between 2006 and 2008, prior to the global economic collapse, and again after the downturn last fall. The biggest declines were seen in Ireland, Romania, the United Kingdom, and Portugal. Only in Italy did confidence in banks and other financial ...

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