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Europe Daily Bulletin No. 11429

13 November 2015
Contents Publication in full By article 22 / 39
ECONOMY - FINANCE / (ae) banks
Deposit insurance - Commission seeks balance between reducing and sharing risks

Brussels, 12/11/2015 (Agence Europe) - On Tuesday 24 November, the European Commission will present a legislative proposal to create a European Deposit Insurance Scheme (EDIS) for bank deposits, the third plank of banking union in the eurozone.

In our proposal, we have to find the right balance between reducing risk and sharing risk (…). We want to move forward gradually, starting with a system based on reinsurance, and one that is built on existing national deposit guarantee...

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