Barrosso to announce EU banks recapitalisation measures

President of the European Commission Jose Manuel Barrosso is set to announce plans to recapitalise European banks today.

Barrosso to announce EU banks recapitalisation measures
Wed, 12 Oct, 2011 - 09:21

President of the European Commission Jose Manuel Barrosso is set to announce plans to recapitalise European banks today.

It comes after the French and German leaders announced they will seek a solution to the banking crisis and as the Slovakian parliament last night rejected plans to enhance the European Financial Stability Fund.

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