Helsinki, 11/09/2006 (Agence Europe) - Under the auspices of the Economic and Financial Committee (ECF), representatives of supervisory banks, the central banks and Member States' finance ministries had carried out a simulation of crisis-management on financial markets. The exercise, which was envisaged in a memorandum of understanding finalised by the informal Ecofin Council in Luxembourg in May 2005 (EUROPE 8948), was aimed at assessing the process and procedures for cooperation and...