Bloomberg News

EU Says EBA Intends to Complete Bank Reassessment by Ecofin

October 14, 2011

Oct. 14 (Bloomberg) -- The European Banking Authority intends to complete an assessment of the region’s capital needs in time for a meeting of European Union finance ministers next week, said Jonathan Todd, a spokesman for the European Commission.

“The EBA’s intention is to finalize their reassessment in time for that” meeting, Todd told reporters in Brussels today.

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

To contact the editor responsible for this story: Patrick Henry at phenry8@bloomberg.net


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