| English.news.cn 2012-04-01 00:06:04 |        |
COPENHAGEN, March 31 (Xinhua) -- Proposals for dealing with failing banks, and for alternatives to an European Union financial transactions tax, dominated discussions in the closing session of an informal ECOFIN meeting held here on Saturday.
"We had a very good discussion on bank resolution, that is how to handle failing banks, without having to pass the bill to the taxpayers," said Danish economy and interior minister Margrethe Vestager at a press conference after the meeting.
"A common European framework on bank resolution is a key, missing piece of the financial regulation reform after the crisis," she added.
