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Europe Daily Bulletin No. 10119

16 April 2010
GENERAL NEWS / (eu) eu/financial services
Commission sounds out member states on network of national rescue funds

Madrid, 15/04/2010 (Agence Europe) - On Wednesday 14 April, the European Commission sent member states a working paper in which it explores ways to strengthen, at European level, the crisis prevention/management/resolution framework following the collapse of a cross-border banking player. It will sound out European finance ministers, meeting informally in Madrid on Friday and Saturday, on whether it would be useful to develop the idea of a proposal on harmonised, national resolution funds....

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