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The changes to the accounting standards are intended to mitigate the consequences of the recent turbulence in financial markets. These amendments ensure that EU companies have the same flexibility as their American competitors to reclassify assets held-for-trading into the held-to-maturity category...
The European Commission has put forward a revision of EU rules on capital requirements for banks that is designed to reinforce the stability of the financial system, reduce risk exposure and improve supervision of banks that operate in more than one EU country…
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Europe's response to the financial crisis
What is Europe doing to respond to the crisis? What are the roles of Member States, Central Banks, and the Commission? What steps the Commission is taking to weather the storm?
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