Canada backs Draghi call for deposit guarantees
Canada backs Draghi call for deposit guarantees
OTTAWA (Reuters) - Canadian Finance Minister Jim Flaherty, a frequent critic of how Europe has handled its debt crisis, has endorsed on the European Central Banks call for a system to guarantee bank deposits. "Mario Draghi, whos the head of the European Central Bank, called on European leaders to set a clear vision for the 17-member single currency group that is the euro zone and create a fund to guarantee bank deposits," Flaherty said in a speech. "I agree wholeheartedly. This is the kind of action that the Europeans have not taken in the course of the past three or four years. ...
//news.yahoo.com/canada-backs-draghi-call-deposit-guarantees-165437206--sector.html
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