EU to unveil new plan to protect taxpayers' money from financial crisis

Note: This section contains information in English only.
Source: BBC
The European Commission designed proposals of new legislation aimed at protecting taxpayer's money from being spent on bailing out banks. Proposals suggest that bank shareholders as well as creditors have to cover bank's losses. The plan is likely to decrease vulnerability of the entire financial system to economic instability in peripheral countries. However, the new law is expected to come in force not earlier than in 2014.


Back to articles

Actual Topics

Subscribe to "Fundamental Analysis" feed

Subscribe
Pre viac informácií o Dukascopy Bank CFD / Forex obchodných platformách a ostatných záležitostiach
nás prosím kontaktujte alebo požiadajte o hovor od nás.
For further information regarding potential cooperation,
please call us or make callback request.
To learn more about Dukascopy Bank Binary Options / Forex trading platform, SWFX and other trading related information,
please call us or make callback request.
Pre viac informácií o Dukascopy Bank CFD / Forex obchodných platformách a ostatných záležitostiach
nás prosím kontaktujte alebo požiadajte o hovor od nás.
To learn more about Crypto Trading / CFD / Forex trading platform, SWFX and other trading related information,
please call us or make callback request.
To learn more about Business Introducer and other trading related information,
please call us or make callback request.
For further information regarding potential cooperation,
please call us or make callback request.