EU Says Intl. Financial System still Fragile

Brussels, 4 March - The international financial system remains fragile and continued vigilance is needed, according to a report on financial market stability that the EU's Economic and Financial Affairs Council adopted on Tuesday. The responsibility for stability however rests with the private sector, said Finance Minister Andrej Bajuk.

Brussels, Belgium From left to right: European Economic and Financial Affairs Commissioner Joaquin Almunia, Slovenian Finance Minister Andrej Bajuk and Taxation and Customs Union Commissioner Laszlo Kovacs at the end of the ECOFIN Council meeting. Photo: Thierry Monasse/STA

Brussels, Belgium
From left to right: European Economic and Financial Affairs Commissioner Joaquin Almunia, Slovenian Finance Minister Andrej Bajuk and Taxation and Customs Union Commissioner Laszlo Kovacs at the end of the ECOFIN Council meeting.
Photo: Thierry Monasse/STA

Brussels, Belgium Slovenian Finance Minister Andrej Bajuk at the end of the ECOFIN Council meeting. Photo: Thierry Monasse/STA

Brussels, Belgium
Slovenian Finance Minister Andrej Bajuk at the end of the ECOFIN Council meeting.
Photo: Thierry Monasse/STA

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