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Image header Agence Europe
Europe Daily Bulletin No. 9372
Contents Publication in full By article 14 / 35
GENERAL NEWS / (eu) eu/financial services

Ecofin Council to call on ECB to examine feasibility of “Target2-Securities” project carefully

Brussels, 22/02/2007 (Agence Europe) - At the Ecofin Council on Tuesday 27 February, EU Finance Ministers will recommend that the European Central Bank (ECB) exercises the greatest caution in its feasibility study of “Target2-Securities” (T2S) project, and takes full account of the consultation exercise with market players which is currently ongoing with (see EUROPE 9317). This project, with will put in place a common settlement engine capable of settling securities in central bank money...

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