{"id":15854,"date":"2010-05-26T07:09:21","date_gmt":"2010-05-26T11:09:21","guid":{"rendered":"http:\/\/www.hedgeco.net\/news\/?p=15854"},"modified":"2010-05-26T07:09:21","modified_gmt":"2010-05-26T11:09:21","slug":"europe-seeks-new-levy-on-banks-to-create-crisis-funds","status":"publish","type":"post","link":"https:\/\/hedgeco.net\/news\/05\/2010\/europe-seeks-new-levy-on-banks-to-create-crisis-funds.html","title":{"rendered":"Europe seeks new levy on banks to create crisis funds"},"content":{"rendered":"<p>BBC &#8211; A network of national funds should be introduced  so the cost of bank failures are not met by the taxpayer, the EU  internal market commissioner has said.<\/p>\n<p>Michel Barnier said such funds would provide part of a broader  system aimed at preventing future financial crises. Banks would be required to pay a levy into the funds which would not be  used to bail out failing banks, but manage failures in &#8220;an orderly way&#8221;.<\/p>\n<p><a href=\"http:\/\/news.bbc.co.uk\/2\/hi\/business\/10159631.stm\" target=\"_blank\"><strong>Read Complete Article<\/strong><\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>BBC &#8211; A network of national funds should be introduced so the cost of bank failures are not met by the taxpayer, the EU internal market commissioner has said. Michel Barnier said such funds would provide part of a broader [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-15854","post","type-post","status-publish","format-standard","hentry","category-syndicated"],"_links":{"self":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/15854","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/comments?post=15854"}],"version-history":[{"count":1,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/15854\/revisions"}],"predecessor-version":[{"id":15855,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/15854\/revisions\/15855"}],"wp:attachment":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/media?parent=15854"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/categories?post=15854"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/tags?post=15854"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}