Czech Republic pushing for global bank reform

February 23rd, 2009 by Nový Domov

from The Globe and Mail:

German Chancellor Angela Merkel and her counterparts from Britain, France, Italy, Spain, the Netherlands, the Czech Republic and Luxembourg said they will push the world’s leading nations to adopt standards that would require banks to save more cash for rainy days, demand more transparency from market participants and allow international authorities to clamp down on tax havens.



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