Belgium and France should stand behind their banks, notably Dexia SA, and be ready to “intervene” should there be a problem, Belgian Finance Minister Didier Reynders said in an interview on RTBF radio.
The European Union may ban Iranian oil imports within a few months, while ensuring the embargo doesn’t hurt the region’s economy and international security, Belgian Foreign Minister Didier Reynders told De Standaard.
Two euro-area finance ministers renewed calls for the 17 countries that use the common currency to pursue a financial-transaction tax, since such a levy seems unworkable for the European Union as a whole.
Ukraine risks alienating the European nations it wants as allies as next month’s Euro 2012 soccer championship trains the spotlight on jailed ex-Prime Minister Yulia Tymoshenko, who’s on a hunger strike over claims of abuse.
Belgian Finance Minister Didier Reynders said fiscal measures could be used to rein in banks should there be a return to former practices of paying excessive bonuses, L’Echo reported, citing an interview.