News:

- European Commission's Barroso would propose a bank recapitalization plan on Wednesday to help EZ crisis
- EU banks are under tremendous pressure due to crisis; ECB's Trichet opines that crisi had become systemic and the risk to economy is increasing

Quotes:

- Tomorrow in the Commission I will make some proposals on some of those topics, for instance recapitalisation of European banks. We believe that we need a kind of comprehensive response taking into consideration all the aspects, not only one, Jose Manual Barroso, President. European Commission

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