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Europe Daily Bulletin No. 8418

12 March 2003
Contents Publication in full By article 14 / 52
GENERAL NEWS / (eu) eu/ecb
Strengthened cooperation in the event of financial crisis

Frankfurt, 11/03/2003 (Agence Europe) - On 10 March, the European Central Bank pointed out that the banking supervisory authorities and the central banks of the European Union have signed a Memorandum of Understanding on high-level principles of cooperation in crisis management situations. The agreement, which will not be made public, took effect on 1 March. In a press release, the ECB stresses that the integration of financial markets could "increase the likelihood of systemic disturbances...

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A LOOK BEHIND THE NEWS
THE DAY IN POLITICS
GENERAL NEWS
ECONOMIC INTERPENETRATION