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Europe Daily Bulletin No. 9837

11 February 2009
Contents Publication in full By article 10 / 34
GENERAL NEWS / (eu) eu/ecofin
Prospect of common framework for taking on or guaranteeing doubtful assets

Brussels, 10/02/2009 (Agence Europe) - Agreeing on a series of principles, EU finance ministers admit the need to adopt a coordinated approach on how to deal with impaired assets, which banks seek to rid themselves of. It is out of the question, however, to use one and the same process, given that a certain amount of flexibility is needed to accommodate the different situations, Miroslav Kalousek stressed on Tuesday 10 February. Within two weeks, the European Commission will present...

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