ECB bemoans states' missing capital buffers

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ECB bemoans states' missing capital buffers

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Euro logo is pictured in front the ECB's Eurotower headquarters in Frankfurt, Germany on January 12, 2012. Photo by Mario Fourmy/ABACAPRESS.COM # 304560_003 | Fourmy Mario/ABACA/PA Images

A member of the supervisory board of the European Central Bank has hit out at European member states for failing to introduce countercyclical buffer rates for banks during this economic cycle.

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