TITLE

Eurozone agrees failing banks backstop

AUTHOR(S)
Yarker, Jon
PUB. DATE
December 2013
SOURCE
Fundweb;12/18/2013, p17
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
The article informs that according to a report published in the "The Financial Times" an agreement has been made by Eurozone finance ministers over a backstop for the bank rescue system of the European Union (EU) in case of a failed bank. It is noted that various finance ministers see the bank rescue plan of the EU as a significant breakthrough.
ACCESSION #
93293145

 

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