TITLE

Europe to agree deal on closing failing banks by year-end

AUTHOR(S)
Morris, Pamela
PUB. DATE
December 2013
SOURCE
Fundweb;12/10/2013, p20
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
The article reports that eurozone finance ministers are attempting to reach an agreement on how Europe's failing banks should be wound up. Eurozone finance ministers are making efforts to smooth out differences of opinion on this issue between Europe's leading economies. Germany is currently opposing the use of the European Stability Fund, the region's bailout fund, to help finance the cost of future bank aid.
ACCESSION #
92944222

 

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