Memo: Statement of Commissioner Barnier following agreement in ECOFIN on bank recovery and resolution

Author (Corporate)
Series Title
Series Details MEMO/13/601 (27.06.13)
Publication Date 27/06/2013
Content Type ,

Commissioner Barnier has expressed pleasure thatthat finance ministers of the Member States have managed to reach broad political agreement on the future rules for how to restructure and resolve failing banks on 27 June 2013. These rules are of utmost importance to protect taxpayers from having to bail-out banks in the future.
Source Link Link to Main Source http://europa.eu/rapid/press-release_MEMO-13-601_en.htm
Related Links
European Commission: PRESS RELEASE/12/570: New crisis management measures to avoid future bank bail-outs http://europa.eu/rapid/press-release_IP-12-570_en.htm
European Commission: Rapid: MEMO/12/416: Bank recovery and resolution proposal: Frequently Asked Questions http://europa.eu/rapid/press-release_MEMO-12-416_en.htm?locale=en
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