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26.09.2011
The head of Deutsche Bank Josef Ackermann said that the governments of the eurozone countries "extremely important" to allocate 593 billion dollars to build a pan - European fund to prevent crises
The head of Deutsche Bank Josef Ackermann said that the governments of the eurozone countries "extremely important" to allocate 593 billion dollars to build a pan-European fund to prevent crises

 

Initially, officials planned to establish a fund in 2013, but in early fall, they decided to accelerate the process of creating a new financial institution and to hold consultations in the last week of September.

 

 Josef Ackermann became known as a supporter of tough measures in the economy. In early July 2011 Ackermann said that many European banks may not survive the wave of the debt crisis.

 

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