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Romanian president Basescu on European Council decision on bank recapitalization: Guarantee that subsidiaries of banking groups maintain capital level

November 12, 2011

Romanian President informed the Romanian public in a press conference on Wednesday night that European leaders who had convened for marathon talks adopted the declaration on bank recapitalization. He used the occasion to underline that all states received guarantees that subsidiaries belonging to banks from other countries will have their capital level maintained for the coming years.

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