EU hails bank liquidity deal as ‘fundamental’ for economic recovery

Series Title
Series Details 08.01.13
Publication Date 08/01/2013
Content Type

EurActiv reported that the European Commission hailed an agreement by global regulators in the Basel Committee, which gave banks four more years and greater flexibility to build up cash buffers so they can use some of their reserves to help struggling economies grow.
Source Link http://www.euractiv.com/euro-finance/eu-hails-bank-liquidity-deal-fun-news-516893
Related Links
ESO: Background information: Inspectors fault EU bank capital plans http://www.europeansources.info/record/inspectors-fault-eu-bank-capital-plans/
European Commission: RAPID: MEMO/13/3: Statement by Commissioner Michel Barnier on the impact of the latest Basel Committee liquidity developments for Capital Requirements (CRD 4) in the EU http://europa.eu/rapid/press-release_MEMO-13-3_en.pdf
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