ECONOMY - FINANCE / (ae) banks

Esther de Lange connects finalisation of banking union to progress on treatment of sovereign risk

Luxembourg, 16/06/2016 (Agence Europe) - Esther de Lange (EPP, Netherlands), who is steering negotiations at the European Parliament on the European deposit insurance system (EDIS), takes the view that the “gradual and cautious” introduction of a regulatory framework, “be it at European or international level”, to tackle the exposure of banks to the sovereign debt “will be a key issue” towards the creation of a fully-fledged EDIS.

In her working document on the EDIS proposal, of...