Sunday, February 22, 2009

The European Commission will introduce restrictions on the size of bonuses for bank employees


The European Commission intends to impose restrictions on the size of bonuses for bank employees. This was in an interview with German newspaper Hamburger Abendblatt said the EC Chairman Jose Manuel Barroso.

Excessive bonuses, said Barroso, encourage financial managers to commit a transaction with unacceptable risks. «That sometimes happens - the scandal - he said. - Profits were privatized, but losses sotsializiruyutsya ».

In this regard, I am sure Barroso, should be formed by a system which «would deter the pursuit of quick profit and will not promote failures».

His detailed proposals the European Commission will present a spring.


www.k2kapital.com
22.02.2009

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