States could avoid liability for banks under new ESM: Regling
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States could avoid liability for banks under new ESM: Regling

Berlin : Germany | Jul 14, 2012 at 2:12 PM PDT
Source: International Business Times
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Governments will not be liable for emergency loans given direct to banks if plans for pan-European banking supervision are implemented, the head of the euro zone's bailout fund, Klaus Regling, was reported on Saturday as saying. "If the European Central Bank does end up acting as Europe's unified... FULL ARTICLE AT International Business Times
 
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