Brussels, 26/04/2016 (Agence Europe) - The ECB is calling for a backstop for the future European deposit insurance system (EDIS), the third pillar of Banking Union in the Eurozone.
“The ECB is of the view that a fiscally neutral common public backstop for the EDIS at the latest as of the full insurance stage is necessary to ensure a uniformly high level of confidence in deposit protection under all circumstances and to effectively weaken the bank/sovereign link at the national level”,...