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EU wants bad banks to fail without costing taxpayers (AFP)

Październik 20th, 2010 · No Comments

EU financial services commissioner Michel Barnier gives a press conference at EU headquarters in Brussel. The European Commission called on Wednesday for the creation of a system to allow troubled banks to fail without jeopardising the financial sector and forcing taxpayers to save them.(AFP/Georges Gobet)AFP – The European Commission called on Wednesday for the creation of a system to allow troubled banks to fail without jeopardising the financial sector and forcing taxpayers to save them.

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