In cooperation with Latest business and finance news from The Baltic Times. Tired of rainy Baltic weather? Barcelona tours is an outstanding solution to have a perfect vacation outside the Baltic States. Try out amazing day tour in Barcelona!
Lowest commissions on bitcoin trading. Advanced and easy to use bitcoin exchange

Bank bail-in rules agreed

  • 2013-12-18
  • From wire report
VILNIUS - European Union nations agreed to new rules for bank bailouts, or ‘bail-ins’ late in the day on Dec. 11, in an effort to save taxpayers from paying for the rescue of ailing financial institutions, as they’ve been forced to by governments in this latest financial crisis, reports LETA.“Big step tonight,” EU Commissioner Michel Barnier wrote on Twitter.“Taxpayers no longer in front line to pay 4 banks mistakes,” he added. “Banks will have to put money aside for rainy days. We are learning lessons of crisis,” he said afte...
The article you requested can be accessed only by subscribing to the online version of The Baltic Times. If you are already subscribed to The Baltic Times, please authorize yourself.

In case you don't have a subscription yet - please visit our SUBSCRIPTION section