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Europe Daily Bulletin No. 10468

7 October 2011
GENERAL NEWS / (ae) eu/banking
Barroso calls for coordinated action

Brussels, 06/10/2011 (Agence Europe) - On Thursday 6 October, President of the European Commission José Manuel Durão Barroso called on the European Union to take coordinated action to recapitalise its banks, under pressure from the sovereign debt crisis. Speaking on the Euronews TV station, he also called on the member states to ensure their banks got rid of any toxic assets on their books. A little later, coming out of a meeting with Finnish Prime Minister Jyrki Katainen, Barroso added...

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