Bloomberg News

Norway’s Johnsen Sees Need for More Solid Banks Across Europe

November 29, 2011

Nov. 29 (Bloomberg) -- Norway’s Finance Minister Sigbjoern Johnsen said today that he backs his Swedish counterpart that there is “a need to have solid banks.”

“In my view solid banks and financial institutions is a competitive advantage,” Johnsen said in an interview in Oslo today. “My general view is that there is across Europe a need to get more solid financial institutions.”

To contact the editor responsible for this story: Meera Bhatia at

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