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Europe Daily Bulletin No. 9848

26 February 2009
GENERAL NEWS / (eu) eu/financial services
Larosière group sets out “ambitious but not unrealistic” structure for financial supervision in Europe

Brussels, 25/02/2009 (Agence Europe) - Jacques de Larosière de Champfeu presented the European Commission on Wednesday 25 February with the report from the group of eight experts he chairs and which is in charge of setting out a European financial supervisory system adapted (EUROPE 9847). Mr de Larosière declared that they had set out an “ambitious but not unrealistic construction”. This includes two headings: implementation of a European Council on systemic risk, chaired by the...

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