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EU Agrees Framework to Tackle Financial Crises

Brdo pri Kranju, 4 April - The EU agreed on Friday a memorandum of understanding which sets the groundwork for the formation of cross-border stability groups bringing together supervisory authorities, central banks and finance ministries in tackling cross-border financial crises.

Brdo pri Kranju
From left to right: European Internal Market and Services Commissioner Charlie McCreevy, European Central Bank President Jean-Claude Trichet, Slovenian Finance Minister Andrej Bajuk and European Economic and Monetary Affairs Commissioner Joaquin Almunia at a news conference following day one of an informal meeting of EU's finance ministers.
Photo: Stanko Gruden/STA

Brdo pri Kranju
European Economic and Monetary Affairs Commissioner Joaquin Almunia at a news conference following day one of an informal meeting of EU's finance ministers.
Photo: Daniel Novakovic/STA

Brdo pri Kranju
European Central Bank President Jean-Claude Trichet at a news conference following day one of an informal meeting of EU's finance ministers.
Photo: Stanko Gruden/STA

Brdo pri Kranju
News conference following day one of an informal meeting of EU's finance ministers.
Photo: Stanko Gruden/STA

Brdo pri Kranju
Slovenian Finance Minister Andrej Bajuk (left) and European Internal Market and Services Commissioner Charlie McCreevy arriving at a news conference following day one of an informal meeting of EU's finance ministers.
Photo: Stanko Gruden/STA

Brdo pri Kranju
From left to right: European Internal Market and Services Commissioner Charlie McCreevy, European Central Bank President Jean-Claude Trichet and Slovenian Finance Minister Andrej Bajuk at a news conference following day one of an informal meeting of EU's finance ministers.
Photo: Stanko Gruden/STA

Brdo pri Kranju
From left to right: European Internal Market and Services Commissioner Charlie McCreevy, European Central Bank President Jean-Claude Trichet and Slovenian Finance Minister Andrej Bajuk at a news conference following day one of an informal meeting of EU's finance ministers.
Photo: Stanko Gruden/STA

Brdo pri Kranju
From left to right: European Internal Market and Services Commissioner Charlie McCreevy, European Central Bank President Jean-Claude Trichet, Slovenian Finance Minister Andrej Bajuk and European Economic and Monetary Affairs Commissioner Joaquin Almunia at a news conference following day one of an informal meeting of EU's finance ministers.
Photo: Stanko Gruden/STA

Brdo pri Kranju
From left to right: European Internal Market and Services Commissioner Charlie McCreevy, European Central Bank President Jean-Claude Trichet, Slovenian Finance Minister Andrej Bajuk and European Economic and Monetary Affairs Commissioner Joaquin Almunia at a news conference following day one of an informal meeting of EU's finance ministers.
Photo: Stanko Gruden/STA

Brdo pri Kranju
From left to right: European Central Bank President Jean-Claude Trichet at a news conference following day one of an informal meeting of EU's finance ministers.
Photo: Stanko Gruden/STA

Brdo pri Kranju
From left to right: European Internal Market and Services Commissioner Charlie McCreevy, Slovenian Finance Minister Andrej Bajuk and European Economic and Monetary Affairs Commissioner Joaquin Almunia arriving at a news conference following day one of an informal meeting of EU's finance ministers.
Photo: Stanko Gruden/STA

Brdo pri Kranju
Slovenian Finance Minister Andrej Bajuk at a news conference following day one of an informal meeting of EU's finance ministers.
Photo: Stanko Gruden/STA

Brdo pri Kranju
European Internal Market and Services Commissioner Charlie McCreevy (left) and European Central Bank President Jean-Claude Trichet at a news conference following day one of an informal meeting of EU's finance ministers.
Photo: Stanko Gruden/STA

Brdo pri Kranju
From left to right: European Internal Market and Services Commissioner Charlie McCreevy, European Central Bank President Jean-Claude Trichet, Slovenian Finance Minister Andrej Bajuk and European Economic and Monetary Affairs Commissioner Joaquin Almunia at a news conference following day one of an informal meeting of EU's finance ministers.
Photo: Stanko Gruden/STA

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