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Image header Agence Europe
Europe Daily Bulletin No. 11997
ECONOMY - FINANCE - BUSINESS / Ecb

Risks have been reduced enough to complete Banking Union, says Vítor Constâncio

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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