BIS Annual Report: "Fiscal consolidation and financial sector reform are what's needed now, says BIS"

BIS Annual Report: "Fiscal consolidation and financial sector reform are what's needed now, says BIS"

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BIS Annual Report: "Fiscal consolidation and financial sector reform are what's needed now, says BIS"

Press release | 28 June 2010At the Annual General Meeting of the Bank for International Settlements (BIS), held today in Basel, Switzerland, Christian Noyer, BIS Chairman and Governor of the Bank of France, said that "over the past two years policymakers worldwide, acting in close cooperation, have succeeded in containing the financial crisis".

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