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Othmar Karas

October 7th, 2010 Basel III: Parliament Adopts Clear Position as an Answer to the Crisis. Othmar Karas MEP

A clear majority for an equally clear position: The European Parliament today unanimously adopted its Report on Basel II and the revision of the Capital Requirements Directive. Parliament's Rapporteur, EPP Group Vice-Chairman Othmar Karas MEP, succeeded in finding a broad consensus among all political groups: "We have now prepared a strong position for the European Parliament. This will be a clear guideline for the European Commission.

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