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Europe Daily Bulletin No. 9923

18 June 2009
Contents Publication in full By article 11 / 45
GENERAL NEWS / (eu) eu/financial services
Belgian committee argues for EU savings guarantee

Brussels, 17/06/2009 (Agence Europe) - The head of a group of experts advising the Belgian government on the global, European and Belgian financial supervision systems (see EUROPE 9922), Alexandre Lamfalussy, has suggested setting up an EU savings guarantee system as the first stage in creating an EU system to ensure burden sharing among member states in the event of a financial crisis arising from the collapse of a cross-border financial institution. Lamfalussy said the de Larosiere Report...

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