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Showing posts with label Irish and Spanish banking crises. Show all posts
Showing posts with label Irish and Spanish banking crises. Show all posts

10/24/2013

Draghi wants European banks backstop in place by 2015

(Reuters) - A common resolution mechanism for dealing with troubled banks is a crucial part of the euro zone's banking union and the European Central Bank wants it in place by 2015, ECB President Mario Draghi told Reuters on Wednesday.