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Europe Daily Bulletin No. 10820

5 April 2013
ECONOMY - FINANCE - BUSINESS / (ae) ecb
Draghi wants bank bail-ins to be possible in 2015

Brussels, 04/04/2013 (Agence Europe) - On Thursday 4 April 2013, Mario Draghi, head of the European Central Bank, explained the ECB's view of the financial bailout for Cyprus and the future EU bank wind-up rules. The ECB has decided to leave interest rates unchanged.

“Cyprus is no template,” said Draghi, adding that he was “absolutely sure that Dijsselbloem has been misunderstood' (the head of Eurogroup, Jeroen Dijsselbloem, changed his mind after saying that Cyprus was a model...