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Europe Daily Bulletin No. 10312

10 February 2011
GENERAL NEWS / (eu) eu/banking

09/02/2011 (Agence Europe) - Member states need to prepare ahead for banks failing stress tests. At an EU round table on financial services on Wednesday 9 February, the president of the European Council, Herman Van Rompuy, said that member states must set up, ahead of publication of the results of bank stress tests credible, detailed and case-specific strategies for dealing with banks likely to fail the tests. He said these bailouts should include the private sector and solid public aid...

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