share: digg facebook twitter BRUSSELS (AP) — A European official says the European Union's finance chiefs are close to agreeing upon new rules that would force banks to raise just over €100 billion ($140 billion) in new capital to be able to sustain worsening market turmoil.
Official: Eu Banks Have To Raise $140 Billion
Business Heds Index, Seattle Post-Intelligencer: Business
Sat, 10/22/2011 - 7:00am
RELATED ARTICLES
- Spain education sector hit by strike against cuts
Thousands of students and teachers staged a strike across Spain on Thursday to protest government austerity measures and a planned new education reforms. More - In Germany, a U.S. beer invasion
Almost 65 years after Allied planes flew Western supplies into blockaded Berlin, a new American import is arriving by air: craft beer. The beer is being flown in as part of a new surge of German interest in American brewing, upending a centuries-old relationship in which German beer defined the golden standard for brewing and Americans emulated it. More - Cyprus parliament approves bailout
Cyprus' lawmakers approved on Tuesday a multi-billion bailout agreement with international creditors aimed at preventing the crisis-hit country from going bankrupt. More - Baby food shortage in Europe due to China demand
Yong-Hee Kim still can't believe that in a prosperous country like Germany, powdered baby formula would ever be rationed and that she would have to scour shops in the German capital to find the right brand for her 13-month-old son. More - Pope hints at possible changes to scandal-ridden Vatican bank
Pope Francis has indicated for the first time that he may make changes to the Vatican's scandal-ridden bank as part of a broad review of the Holy See's troubled administration. More
BING NEWS:
- How can Europe tap into trillions worth of hidden funds?
When EU officials travelled to Washington recently, the US Federal Reserve Chair Jerome Powell showed them a chart showing American productivity over a 40-year period compared to European productivity ...
11/15/2024 - 4:59 pm | View Link - Calls to Relax EU Bank Capital Rules to Grow After Trump Win
The European Union and the UK will face pressure to delay or soften a planned increase in bank capital requirements now that Donald Trump’s victory is likely to ease the burden on the US competition.
11/8/2024 - 3:28 am | View Link - More
Welcome to Wopular
Wopular is an
online newspaper rack,
giving you a summary view of the top headlines from the top news sites.
Senh Duong (Founder)
Wopular,
MWB,
RottenTomatoes
MoviesWithButter : Our Sister Site
- "Expendables 4" Starts Shooting This Fall, Says Randy Couture at the Arnold Sports Festival more
- “Expendables 4” Gets Funding Interest from “Ip Man 3” Financier more
- "Ip Man 3" Distributor Suspected of Box Office Fraud, Parent Company Loses $200M in Market Cap more
- Yen Targets "Ip Man 4" for 2018 Release; Discusses Film with Director, Producer more
- "Ip Man 3" Shatters Expectations with $72M Opening [China Box Office] more