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Europe Daily Bulletin No. 9917

10 June 2009
GENERAL NEWS / (eu) eu/ecofin
Member states must be ready to do more to support banking sector if necessary

Luxembourg, 09/06/2009 (Agence Europe) - Specific measures to support the banking sector have had a positive impact on access to financing and credit flows towards the real economy, the Ecofin Council notes in a report adopted on Tuesday 9 June. These measures - which vary considerably depending on the approach used by member states (national regime or ad hoc measures) and the combinations proposed (guarantees on bank securities, capital injection and support in liquidities, or dealing with...

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