Bloomberg News

EBA Has ‘Central Role’ Regarding Bank-Crisis Response, EU Says

October 05, 2011

Oct. 5 (Bloomberg) -- The European Banking Authority has a “central role” regarding the region’s response to the difficulties facing lenders, EU spokesman Amadeu Altafaj said today.

Government help for lenders in trouble needs to be “in perfect conformity with state aid regulations,” he added.

To contact the reporter on this story: Jim Brunsden in Brussels at jbrunsden@bloomberg.net

To contact the editor responsible for this story: Peter Chapman at pchapman10@bloomberg.net


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