Reuters: US Dollar Report: Canada says Europe banks need to be recapitalized

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Canada says Europe banks need to be recapitalized Jun 6th 2012, 13:44 OTTAWA, June 6 | Wed Jun 6, 2012 9:44am EDT OTTAWA, June 6 (Reuters) - Canadian Finance Minister Jim Flaherty said on Wednesday some European banks may need to be capitalized as regional officials explore ways deal with the deepening euro zone debt crisis. "Some of the European banks need to be recapitalized. That's been clear for a long time," Flaherty told reporters in Ottawa.

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