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Europe Daily Bulletin No. 10115

10 April 2010
GENERAL NEWS / (eu) eu/financial services
Cooperative Banks do not see need for emergency funds

Brussels, 09/04/2010 (Agence Europe) - At the fourth European Association of Cooperative Banks (EACB) convention, held on Thursday 8 April, European cooperative banks stressed the unique nature of the cooperative banking model that has enabled them to weather the banking crisis unscathed. They are sceptical about the need to set up and contribute to emergency funds to bail out too-big-to-fail banks. They are keen for the specific nature of cooperative banks to be recognised by the legislator...

Contents

A LOOK BEHIND THE NEWS
THE DAY IN POLITICS
GENERAL NEWS
CALENDAR OF EVENTS