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Europe Daily Bulletin No. 11997

10 April 2018
ECONOMY - FINANCE - BUSINESS / Ecb
Risks have been reduced enough to complete Banking Union, says Vítor Constâncio
Brussels, 09/04/2018 (Agence Europe)

On Monday 9 April, the vice-president of the European Central Bank (ECB), Vítor Constâncio, called on Europeans to act decisively to tackle the existential shortcomings of Economic and Monetary Union (EMU).

One of the priorities, he stressed, is to complete Banking Union in the Eurozone, by setting in place a European deposit insurance system (EDIS). The European legislator may have some progress to report on this dossier, as the financial risks of already been reduced substantially, said...

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