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Europe Daily Bulletin No. 11592

13 July 2016
ECONOMY - FINANCE - BUSINESS / (ae) banks
Italian banks - EU stresses need for banking union rules to be followed

Brussels, 12/07/2016 (Agence Europe) - On Monday 11 and Tuesday 12 July, the European finance ministers stressed the importance of observing the framework of rules on the resolution and recovery of banking institutions when tackling the situation of the Italian banks.

“We established those rules coming out of a major banking crisis, only a few years ago, and we established banking union on the basis of those rules”, said the President of the Eurogroup, Jeroen Dijsselbloem.

According to...

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