Brussels, 10/07/2012 (Agence Europe) - At the ECOFIN Council in Brussels on Tuesday 10 July 2012, several EU member states, including Italy, criticised the draft bank and investment company bailout and crisis management plans.
Spain's finance minister said it was important to ensure that problems with banks did not cause problems for sovereign debt and the directive therefore needed to be seen in a wider perspective. On the question of sharing the financial burden, he said the devil was in...