ECB bulletin: risks to taxpayer funds gradually diminishing
Article weighs the fiscal impact of financial sector support during the crisis
The risk of requiring additional taxpayer support to prop up financial institutions in Europe should "gradually diminish", thanks to new supervisory and regulatory structures and legislation, according to an article published today (September 17) in the European Central Bank's latest economic bulletin.
The article, The fiscal impact of financial sector support during the crisis, emphasises the importance of reducing the likelihood of "institutions facing severe balance-sheet problems by
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