Sweden's Finance Minister Anders Borg (R) with EU Economic and Monetary Affairs Joaquin Almunia (L) give a joint press after the ECOFIN meeting on July 7, 2009 at the EU headquarters in Brussels. The Financial Times reported on July 7 that the European Union would in October unveil laws to ensure banks have the capital reserves to support them through the bad times as it seeks to avoid a repeat of the financial crisis. Getty Images logo Getty Images 8 months ago

Sweden's Finance Minister Anders Borg (R) with EU Economic and Monetary Affairs Joaquin Almunia (L) give a joint press after the ECOFIN meeting on July 7, 2009 at the EU headquarters in Brussels. The Financial Times reported on July 7 that the European Union would in October unveil laws to ensure banks have the capital reserves to support them through the bad times as it seeks to avoid a repeat of the financial crisis.

Related Photos

  1. European Union's foreign policy chief Catherine Ashton (C) speaks to the media after crossing into Israel at the Erez border crossing between Israel and the northern Gaza Strip March 18, 2010. Palestinian militants fired a rocket into Israel from the Gaza Strip on Thursday, killing a Thai agricultural worker, while Ashton was visiting the Hamas-controlled enclave.
  2. European Union's foreign policy chief Catherine Ashton (C) visits the United Nations Relief and Works Agency (UNRWA) headquarters in Jabalya in the northern Gaza Strip March 18, 2010. Ashton crossed the Erez border crossing from Israel into the Gaza Strip for a one-day visit.
  3. European Union's foreign policy chief Catherine Ashton (C) visits the United Nations Relief and Works Agency (UNRWA) headquarters in Jabalya in the northern Gaza Strip March 18, 2010. Ashton crossed the Erez border crossing from Israel into the Gaza Strip for a one-day visit.
  4. European Union's foreign policy chief Catherine Ashton (C) visits the United Nations Relief and Works Agency (UNRWA) headquarters in Jabalya in the northern Gaza Strip March 18, 2010. Ashton crossed the Erez border crossing from Israel into the Gaza Strip for a one-day visit.
  5. European Union's foreign policy chief Catherine Ashton (C) visits the United Nations Relief and Works Agency (UNRWA) headquarters in Jabalya in the northern Gaza Strip March 18, 2010. Ashton crossed the Erez border crossing from Israel into the Gaza Strip for a one-day visit.
  6. European Union's Commissioner for Competition Joaquin Almunia (R) welcomes French Finance Minister Christine Lagarde prior to their bilateral meeting at the EU headquarters in Brussels on March 18, 2010.
  7. European Union's Commissioner for Competition Joaquin Almunia (R) welcomes French Finance Minister Christine Lagarde prior to their bilateral meeting at the EU headquarters in Brussels on March 18, 2010.
  8. The motorcade of European Union's foreign policy chief Catherine Ashton arrives at the Erez border crossing to cross into the Gaza Strip March 18, 2010. Palestinian militants fired a rocket into Israel from the Gaza Strip on Thursday, wounding one person, while Ashton was visiting the Hamas-controlled enclave.
  9. European Union's foreign policy chief Catherine Ashton (L) enters a vehicle near Kibbutz Yad Mordechai, before entering the Gaza Strip through the Erez border crossing March 18, 2010. Ashton, making a first trip to Israel since being named, said the Quartet would seek ways to revive stalled Israeli-Palestinian talks.
  10. British Chancellor of the Exchequer Alistair Darling (L) and Swedish Finance Minister Anders Borg (R) chat on March 16, 2010 during a break of an Economy and Finance Council meeting at EU headquarters in Brussels. European finance ministers were poring over last-resort eurozone plans to rescue Greece with billions of euros in crisis loans, built on dissuasively high interest rates.
  11. Swedish Finance Minister Anders Borg (L), Britain's Chancellor of the Exchequer Alistair Darling (C) and Spanish Finance Minister Elena Salgado (R) talk at the start of a European Union finance ministers meeting in Brussels March 16, 2010. Finance ministers from the 16-country euro zone agreed on Monday to mobilise financial aid for Greece rapidly if needed but revealed little of how their standby plan for the debt-stricken nation would work.
  12. Spain's Economy Minister Elena Salgado is flanked by Sweden's Finance Minister Anders Borg (L) and French counterpart Christine Lagarde (R) at the start of an European Union finance ministers meeting at the EU Council in Brussels, January 19, 2010.
  13. Sweden's Finance Minister Anders Borg speaks to reporters during a news conference in Stockholm January 27, 2010. Sweden is rebounding from the downturn faster than previously seen, the country's finance minister said on Wednesday as he raised the government's forecasts for growth and inflation for this year and the next.
  14. Sweden's Finance Minister Anders Borg speaks to reporters during a news conference in Stockholm January 27, 2010. Sweden is rebounding from the downturn faster than previously seen, the country's finance minister said on Wednesday as he raised the government's forecasts for growth and inflation for this year and the next.
  15. Sweden's Finance Minister Anders Borg speaks to reporters during a news conference in Stockholm January 27, 2010. Sweden is rebounding from the downturn faster than previously seen, the country's finance minister said on Wednesday as he raised the government's forecasts for growth and inflation for this year and the next.
  16. Sweden's Finance Minister Anders Borg adjusts his tie at the start of an European Union finance ministers meeting at the EU Council in Brussels, January 19, 2010.
  17. (From L) Swedish Finance Minister Anders Borg, Spanish Finance Minister Elena Salgado, French Finance Minister Christine Lagarde and Greek Finance Minister Giorgios Papaconstantinou talk prior to an ECOFIN council on March 16, 2010 at the EU headquarters in Brussels. European finance ministers will today be given the fine-print of a eurozone plan to rescue Greece with billions of euros in crisis loans if budget surgery hits complications.
  18. (From L) Spanish Finance Minister Elena Salgado, Swedish Finance Minister Anders Borg, French Finance Minister Christine Lagarde and Greek Finance Minister Giorgios Papaconstantinou talk prior to an ECOFIN council on March 16, 2010 at the EU headquarters in Brussels. European finance ministers will today be given the fine-print of a eurozone plan to rescue Greece with billions of euros in crisis loans if budget surgery hits complications.

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