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Europe Daily Bulletin No. 10690

18 September 2012
ECONOMY - FINANCE - BUSINESS / (ae) banking
“Shadow banking” - five principles for action given at Council

Nicosia, 17/09/2012 (Agence Europe) - On Saturday 15 September, European finance ministers briefly discussed the shadow banking dossier during their informal meeting in Nicosia. Like the European Commission, they also believe that this sector of activity (worth between 25% and 30% of the global financial system, €46 billion in 2010) represents a significant source of liquidity, whilst also constituting a major source of systemic risk. The European Commission will draw on its public...

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A LOOK BEHIND THE NEWS
ECONOMY - FINANCE - BUSINESS
SECTORAL POLICIES
EDUCATION - CULTURE - YOUTH
EXTERNAL ACTION
BUSINESS NEWS NO 32
WEEKLY SUPPLEMENT