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Image header Agence Europe

Europe Daily Bulletin No. 10668

Contents Publication in full By article 1 / 23
ÉCONOMY - FINANCE - BUSINESS
(AE) EURO: Monti says ESM will be given an bank licence “in due course”

Brussels, 01/08/2012 (Agence Europe) -Italian Prime Minister Mario Monti said in Finland on Wednesday 1 August 2012 after a meeting with Finnish Prime Minister Jyrki Katainen that the European Stability Mechanism (ESM), the new eurozone bailout fund that is expected to come on stream in September this year, would be given a banking licence “in due course”. He told a press conference: “I think this will help. It will occur in due course”.

Several big eurozone countries - France,...