login
login

Europe Daily Bulletin No. 11106

24 June 2014
Contents Publication in full By article 32 / 36
ECONOMY - FINANCE - BUSINESS / (ae) banking
Bulgaria prepared to bail out Corpbank

Brussels, 23/06/2014 (Agence Europe) - The Bulgarian government is prepared to bail out Corporate Commercial Bank (Corpbank) if necessary to prevent a bank crisis from breaking out in the country.

Reuters on Monday 23 June quotes the country's finance minister as saying that the government is prepared to nationalise Corpbank if the negotiations with shareholders fail to find a solution.

On Friday, small savers withdrew more than 20% of deposits in the bank, which led the Bulgarian central...

Contents

A LOOK BEHIND THE NEWS
EXTERNAL ACTION
INSTITUTIONAL
SECTORAL POLICIES
ECONOMY - FINANCE - BUSINESS
DEBATE OF EUROPE
WEEKLY SUPPLEMENT