Press Release: Economic and Financial Affairs Council, Brussels, 15 November 2013

Author (Corporate)
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Series Details PRES/13/473 (15.11.13)
Publication Date 15/11/2013
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Main results of the Council:

The Council issued a statement on backstop arrangements in anticipation of a comprehensive assessment of banking institutions to be launched by the European Central Bank.

The aim of the exercise will be to reinforce confidence in the banking industry and to restore the conditions for normal lending to companies and households.

The Council adopted conclusions on statistics in the light of a report on information requirements under EU economic and monetary union.

Source Link Link to Main Source http://www.consilium.europa.eu/uedocs/cms_data/docs/pressdata/en/ecofin/139626.pdf
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