EU urges banks to use extra reserves for loans

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Series Details 21.1.09
Publication Date 21/01/2009
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European Union Finance Ministers agreed at the Ecofin Council, Brussels, 20 January 2009 on fresh efforts to restore the flow of bank credit to pre-crisis levels, saying it was vital to maintain loans during the developed world’s worst recession in 60 years.

Related Links
Council of the European Union: Press Release: PRES/09/9: Ecofin Council, Brussels, 20.1.09 http://www.consilium.europa.eu/ueDocs/cms_Data/docs/pressData/en/ecofin/105390.pdf

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