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Image header Agence Europe
Europe Daily Bulletin No. 10118
GENERAL NEWS / (eu) eu/financial services

Group of financial experts backs European rescue fund financed ex ante by private sector

Brussels, 14/04/2010 (Agence Europe) - A few days before the informal Ecofin Council in Madrid, the Council's ad how working group has completed its report on a European crisis prevention/management/resolution framework in which it advocates setting up a European rescue fund which would be financed ex ante by the private sector, thereby making it contribute to the costs incurred by the financial crisis. The working group, set up following the informal meeting of the Ecofin Council in...

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