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Image header Agence Europe
Europe Daily Bulletin No. 11118
Contents Publication in full By article 27 / 36
ECONOMY - FINANCE - BUSINESS / (ae) banking

Bank bailouts to be the exception rather than the norm

Brussels, 09/07/2014 (Agence Europe) - On Tuesday 8 July, EU 28 finance ministers gave details of the rules on addressing capital requirements and burden-sharing for banks ahead of publication in October of the results of the European Central Bank's Asset Quality Review and the European Banking Authority's bank stress tests.

The Ecofin Council sets out the series of measures to be taken by banks to address any capital shortfalls identified by the ECB or EBA within the six to nine-month...

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