Press conference by Michel Barnier

Brussels – May 26th, 2010
Press conference by Michel Barnier, Member of the EC in charge of Internal Market and Services on a Communication on options for bank resolution funds. In the aftermath of the economic and financial crisis massive amounts of taxpayers’ money have been used by national governments to support their financial sectors in order to ensure and maintain the necessary financial stability and to protect depositors. As a result, these measures have left governments with heavy debts, much of which will need to be repaid from taxpayers’ revenues over the years to come

Crédit E.U. / Benoît Bourgeois

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