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BBC World Service

EU reaches deal to shield taxpayers from bank failures

Mark Gregory Jun 27, 2013
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BBC World Service

EU reaches deal to shield taxpayers from bank failures

Mark Gregory Jun 27, 2013
HTML EMBED:
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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.

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