Tuesday, October 22, 2013

ECB president Draghi challenged rules on bank aid, letter shows





The European Central Bank's president, Mario Draghi, has challenged rules that would bar banks from accessing public aid unless they forced losses on junior bondholders, a central building block of European Union protocols for handling struggling banks.









via Business feed http://www.scmp.com/business/banking-finance/article/1336915/ecb-president-draghi-challenged-rules-bank-aid-letter-shows

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