Bloomberg News

ECB’s Nowotny Says European Deal Will Support Trust in Banks

October 27, 2011

Oct. 27 (Bloomberg) -- European Central Bank Governing Council member Ewald Nowotny said the European deal will support the trust in banks.

The timeframe for the deal implementation “is very short,” Nowotny said in an interview with Austrian state radio ORF. “We will proceed very carefully.”

To contact the editor responsible for this story: Zoe Schneeweiss at

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