EU's Dombrovskis says Basel deal still important but work remains to be done

EU Commission VP out on Reuters 29 Sept

• Europe can not support global banking reform that would weigh unduly on economy
• creditable framework must be maintained
• EU wants to avoid bank reform that would lead to significant increase in capital requirements
• capital requirements should be linked to banks' risks

Let them control themselves and just wallow in the cheap money supply you mean ?

EU's Dombrovskis says work required on Basel review