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1. Z-Altman's model effectiveness in bank failure prediction-The case of European banks
University essay from Lunds universitet/Nationalekonomiska institutionenAbstract : The corporate bankruptcy is a significant problem for economy since it is considered as a limiting factor for economic growth. The financial crisis that broke out in USA on 2007 as a result of miscalculated subprime mortgage strategies turn into a full international banking crisis affecting successively the European banks, especially those of South European countries. READ MORE
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