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Europe Daily Bulletin No. 10201

27 August 2010
GENERAL NEWS / (eu) eu/financial services
Eight Nordic and Baltic countries sign agreement on prevention and management of financial crises

Brussels, 26/08/2010 (Agence Europe) - Six member states (Denmark, Estonia, Finland, Latvia, Lithuania and Sweden) plus Iceland and Norway in mid-August signed a cross-border cooperation agreement on the prevention and management of financial crises. This agreement, which is not legally binding, is between the finance ministers, central banks and supervisors of the signatory countries. It complements and is based on the European memorandum of understanding (MoU) on crisis management, amended...