❗Let's close the gap: We still need your help to raise $40,000 by April 1. Donate now
BBC World Service

EU reaches deal to shield taxpayers from bank failures

Mark Gregory Jun 27, 2013
HTML EMBED:
COPY
BBC World Service

EU reaches deal to shield taxpayers from bank failures

Mark Gregory Jun 27, 2013
HTML EMBED:
COPY

After hours of high stakes negotiations, European finance ministers have struck a deal to help shield taxpayers from bank failures. The EU plan is to make sure bank shareholders and depositors shoulder losses before they fall to taxpayers.

The BBC’s Mark Gregory joins Marketplace Morning Report host David Brancaccio from London with the details.

There’s a lot happening in the world.  Through it all, Marketplace is here for you. 

You rely on Marketplace to break down the world’s events and tell you how it affects you in a fact-based, approachable way. We rely on your financial support to keep making that possible. 

Your donation today powers the independent journalism that you rely on. For just $5/month, you can help sustain Marketplace so we can keep reporting on the things that matter to you.