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Europe Daily Bulletin No. 8116

19 December 2001
Contents Publication in full By article 34 / 54
GENERAL NEWS / (eu) ep/financial services
Parliament takes stance in first reading on financial guarantee contracts

Strasbourg, 18/12/2001 (Agence Europe) - With the adoption last week of the report by Spanish Socialist Fernando Pérez Royo, the Parliament introduced 19 amendments to the draft directive on financial guarantee contracts. Pending the opinion of the EP, the Ecofin Council adopted, on 13 December, a general guideline on this text that will harmonise the guarantees required of the financial institutions, in order to limit the risks linked to the use of credit during financial transactions. The...

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THE DAY IN POLITICS
GENERAL NEWS
ECONOMIC INTERPENETRATION