BBA statement on Eurozone agreement
10/28/2011 BBAThe British Bankers' Association said:
"It was good that EU leaders and Eurozone countries came to a series of agreements last night on this complex sovereign debt crisis and multi-faceted problem. Everyone played their part - the relevant banks, the countries in difficulty and the Eurozone. We look forward to this bringing about the necessary stability to the system and note that early market sentiment around the world is positive. Bank recapitalisation has taken place here and so UK banks already meet the new requirements without having to raise further funds. We believe the Eurozone should now focus on a quick implementation of the recovery plan and on building economic recovery."
http://www.bba.org.uk/media/article/bba-statement-on-eurozone-agreement
"It was good that EU leaders and Eurozone countries came to a series of agreements last night on this complex sovereign debt crisis and multi-faceted problem. Everyone played their part - the relevant banks, the countries in difficulty and the Eurozone. We look forward to this bringing about the necessary stability to the system and note that early market sentiment around the world is positive. Bank recapitalisation has taken place here and so UK banks already meet the new requirements without having to raise further funds. We believe the Eurozone should now focus on a quick implementation of the recovery plan and on building economic recovery."
http://www.bba.org.uk/media/article/bba-statement-on-eurozone-agreement