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Europe Daily Bulletin No. 9822

21 January 2009
Contents Publication in full By article 12 / 35
GENERAL NEWS / (eu) eu/ecofin council
Conclusions on banks' own funds

Brussels, 20/01/2009 (Agence Europe) - The Ecofin Council states in conclusions adopted on Tuesday 20 January that the capital injection into the banking sector by a number of member states at the height of the financial crisis in no way modifies the rules on own fund requirements. The conclusions say: “The Council today confirmed that the provision of capital to the banking sector is not intended to create new, higher statutory capital requirements for the banking sector. The capital...

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A LOOK BEHIND THE NEWS
THE DAY IN POLITICS
GENERAL NEWS