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Europe Daily Bulletin No. 9847

25 February 2009
GENERAL NEWS / (eu) eu/economy
Support must be given to banks of Central and Eastern Europe, says Hungarian prime minister, in favour of speeding up membership to eurozone

Brussels, 24/02/2009 (Agence Europe) - Although many fears concerning a collapse in the banking system of Central and Eastern Europe are beginning to be heard, José Manuel Barroso wants to avoid fuelling speculation about European intervention in this region. “Of course, we are considering all sorts of possibilities” but one should “not anticipate the worst case scenario”, the president of the European Commission said on Tuesday 24 February.

During a press conference organised...

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