EU Crisis Back in the Limelight

Another warning flare...

from the WSJ:
FRANKFURT—Tensions in the euro money markets are flaring up again, with more banks taking refuge with the European Central Bank, raising the risk of another funding squeeze.
ECB data show that demand for central-bank liquidity is on the rise as banks have again become reluctant to lend to one another. Although the situation isn't as bad as in fall 2008 after the collapse of U.S. investment bank Lehman Brothers Holdings, economists warn tensions could intensify.