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Europe Daily Bulletin No. 9819

16 January 2009
Contents Publication in full By article 14 / 33
GENERAL NEWS / (eu) eu/economy
OECD says euro area needs more integrated and better structured supervision of financial market

Brussels, 15/01/2009 (Agence Europe) - Organisation for Economic Co-operation and Development (OECD) Secretary-General Angel Gurría, presenting the organisation's Economic Survey of the Euro Area, in Paris on Wednesday 14 January, called for more centralised and integrated supervision of euro area banks and financial markets to help prevent a recurrence of the financial turmoil which triggered the current recession.

Gurría said policy-makers should put in place either a single EU-wide...

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