On Wednesday 11 October, the European Commission will present a roadmap aiming to revitalise and complete, by the end of 2018, the legislative process to finalise Banking Union in the Eurozone, even if this means scaling back the initial level of ambition for the European Deposit Insurance System (EDIS).
“If EU leaders lack action and ambition in the year ahead, due to the political calendar, there is a real risk that the EU will remain for years without a perspective of completing Banking...