With the scandal of the Estonian subsidiary of the Danish bank Danske Bank continuing to snowball, Mario Draghi reiterated the position of the European Central Bank, of which he is the President, in favour of creating a European authority competent in matters relating to the fight against money laundering, on Monday 24 September (see EUROPE 12100).
“The current situation is unsatisfactory”, Draghi told the committee on economic and monetary affairs of the European Parliament, in response...