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Europe Daily Bulletin No. 10506

1 December 2011
ECONOMY-FINANCE / (ae) banks
Minima agreement on public guarantee system

Brussels, 30/11/2011 (Agence Europe) - On Wednesday 30 November, European finance ministers gave their go-ahead to renewal of national systems that guarantee bonds in the medium term (one or two years) issued by banks of their own country, as was the case during the 2008 financial crisis. Given the insistence of representatives from the largest member states, they rejected two other options that were of a more Community nature - certainly longer to implement but presenting the advantage that...

Contents

A LOOK BEHIND THE NEWS
SOVEREIGN DEBT CRISIS
ECONOMY-FINANCE
EUROPEAN PARLIAMENT PLENARY
SECTORAL POLICY
FOREIGN POLICY
EXTERNAL RELATIONS
THE INSTITUTIONS