Brussels, 10/10/2013 (Agence Europe) - The Euro Commissioner has interpreted the Stability and Growth Pact rules applying to any public injections of capital that member states may have to make as a last resort when the bank stress tests are published in 2014.
“Under the Stability and Growth Pact, capital injections are, in general terms, regarded as one-off or temporary measures and regarded as relevant factors for financial stability, which means that they do not count against the...