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Image header Agence Europe
Europe Daily Bulletin No. 11146
Contents Publication in full By article 16 / 25
ECONOMY - FINANCE - BUSINESS / (ae) banking union

Nouy says common savings guarantee scheme is crucial

Brussels, 02/09/2014 (Agence Europe) - The chairwoman of the European Central Bank (ECB)'s bank supervisory committee, Danièle Nouy, says that Banking Union in the eurozone would not be complete without a common savings guarantee system being set up.

In an interview with Latvian newspaper Diena at the end of August, Daniele Nouy said: “Banking Union is based on three pillars: the Single Supervisory Mechanism (SSM), the Single Resolution Mechanism (SRM) and a common system of deposit...

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