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Europe Daily Bulletin No. 10787

16 February 2013
Contents Publication in full By article 13 / 27
ECONOMY - FINANCES - BUSINESS / (ae) banking
Barnier says EU and US agree progress needed on Basel III

Brussels, 15/02/2012 (Agence Europe) - EU Internal Market Commissioner Michel Barnier announced on Thursday 14 February that the European Union and the United States had agreed on the need to introduce the Basel III bank capital requirements as quickly as possible. The requirements aim principally to strengthen banks' own funds. Barnier was in Washington for meetings with the United States' central bank (the Fed) and Treasury officials. Neither the US nor the EU have met their initial target...

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