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EU Confirms Stronger Cooperation of National Regulators

Brussels, 14 May - European Union finance ministers confirmed on Wednesday a framework on financial stability which creates 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.

Brussels, Belgium
Finance Minister Andrej Bajuk speaks to the press after a session of the Economic and Financial Affairs Council.
Photo: Thierry Monasse/STA

Brussels, Belgium
Finance Minister Andrej Bajuk (centre) speaks to the press after a session of the Economic and Financial Affairs Council alongside Monetary Affairs Commissioner Joaquin Almunia (left) and Taxation Commissioner Laszlo Kovacs.
Photo: Thierry Monasse/STA

Brussels, Belgium
Finance Minister Andrej Bajuk (centre) speaks to the press after a session of the Economic and Financial Affairs Council alongside Monetary Affairs Commissioner Joaquin Almunia (left) and Taxation Commissioner Laszlo Kovacs.
Photo: Thierry Monasse/STA

Brussels, Belgium
Finance Minister Andrej Bajuk speaks to the press after a session of the Economic and Financial Affairs Council.
Photo: Thierry Monasse/STA

Brussels, Belgium
Finance Minister Andrej Bajuk speaks to the press after a session of the Economic and Financial Affairs Council.
Photo: Thierry Monasse/STA

Brussels, Belgium
Finance Minister Andrej Bajuk speaks to the press after a session of the Economic and Financial Affairs Council.
Photo: Thierry Monasse/STA

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