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Image header Agence Europe
Europe Daily Bulletin No. 10694
Contents Publication in full By article 28 / 32
ECONOMY - FINANCES / (ae) esrb

Bank supervision and restructuring must go hand-in-hand

Brussels, 21/09/2012 (Agence Europe) - The European Systemic Risk Board (ESRB) believes that the introduction of common bank restructuring measures must accompany the creation of a single eurozone bank supervisory mechanism. In a press release issued on Thursday 20 September after its seventh meeting, the ESRB said that the macroeconomic benefits of the single supervisory system would be optimised if suitable bank restructuring procedures were introduced in parallel. The ESRB stresses the...

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