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Anxious EU Ministers Edge Towards Bank Rules Deal - Reuters
google.com 1 week, 5 days agoBoston.com Anxious EU ministers edge towards bank rules deal Reuters * Tougher capital standards needed to prevent new crisis * Hard-line Britain signals compromise on core capital rate * FinMin Osborne says key to beef up whole EU bank system * Comment follows Bankia intervention, Moody's cuts in Italy By John ... EU Ministers Seek Capital Rules EU Finance Ministers Seek Deal on Basel Bank Capital Rules EU finance ministers haggle over bank rules -
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EU Attempts To Break Deadlock On Bank Rules
yahoo.com 1 week, 5 days agoBRUSSELS (Reuters) - European Union finance ministers will try on Tuesday to break a deadlock on new capital rules aiming to cover banks' risks, a reform intended to prevent another financial crisis but which has exposed deep rifts between Britain and the rest of the EU. Britain refused to back a draft EU law earlier this month, when Chancellor of the Exchequer George Osborne accused fellow finance ministers from the bloc of trying to water down the rules to a point where they would make him "look like an i
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