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Europe Daily Bulletin No. 10016

11 November 2009
Contents Publication in full By article 11 / 30
GENERAL NEWS / (eu) eu/ecofin
No coordinated exit strategy at this stage for bank bailouts

Brussels, 10/11/2009 (Agence Europe) - It is too soon to organise a coordinated exit strategy for the financial industry, explained the Swedish finance minister, Anders Borg, on Tuesday 10 November 2009. The ECOFIN Council and the Economic and Finance Committee will return to the issue to try and decide on guidelines and rules for the withdrawal of state aid measures for the banking industry (bailouts, buying toxic assets and, above all, state guarantees). In discussions, Member States did...

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