Brussels, 04/10/2013 (Agence Europe) - Euro Commissioner Olli Rehn says that public capital injections into banks are not normally counted in the excessive deficit proceedings.
“As regards the treatment of capital injections under EU fiscal rules, these are normally considered as 'relevant factors for financial stability' and/or as one-off measures, and thus not included in the structural balance and not counting against the member state in the context of the Excessive Deficit...