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Image header Agence Europe
Europe Daily Bulletin No. 10703
Contents Publication in full By article 15 / 32
ECONOMY - FINANCE - BUSINESS / (ae) banking

Barnier says recapitalisation has not led to deleveraging

Brussels, 04/10/2012 (Agence Europe) - EU Internal Market Commissioner Michel Barnier has welcomed the important details about recapitalisation of Europe's banks in the final report by the European Banking Authority (EBA) published on Wednesday 3 October. Barnier said in a press release that financial consolidation boosts banks' capacity to sustainably finance the real economy and, thanks to the EBA's work, it has not led to the deleveraging feared by some. Between December 2011 and June...

Contents

SECTORAL POLICIES
INSTITUTIONAL
ECONOMY - FINANCE - BUSINESS
SOCIAL AFFAIRS - EDUCATION - CULTURE
EXTERNAL ACTION