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Europe Daily Bulletin No. 10724

7 November 2012
ECONOMY - FINANCE / (ae) ep/finance
Hokmark bank resolution report welcomed

Brussels, 06/11/2012 (Agence Europe) - On Tuesday 6 November 2012, MEPs on the European Parliament's economic and monetary affairs committee welcomed the draft report by Gunnar Hökmark (EPP, Sweden) on the resolution of failing banks. “There should be no banks that are too big to fail. Not only the profits but the losses must go to the owners. No other political groups disagree with that. We need stable legislation that can make it a reality”, explained Hökmark.

“Bail-in”. There...

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ECONOMY - FINANCE
INSTITUTIONAL
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