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EU Almunia Doesn't Expect Decision On State Aid For Bank Debt



BRUSSELS -(Dow Jones)- European Union finance ministers won't make a final decision Tuesday on how to end state guarantees for banks' debt, European Commissioner for Economic and Monetary Affairs Joaquin Almunia said.

"We will discuss this morning how to start the definition of an exit strategy, " Almunia told journalists on the sidelines of the ministers' monthly meeting. " This is an open discussion and we will not reach conclusions today."

-By Adam Cohen, Dow Jones Newswires; +322 741 1486; adam.cohen@dowjones.com


  (END) Dow Jones Newswires
  11-10-090249ET
  Copyright (c) 2009 Dow Jones & Company, Inc.

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