The European Commission has “always been open” to the possibility of national Deposit Guarantee Schemes (DGS) to intervene in favour of banks “on a voluntary basis”, said Financial Services Commissioner, Valdis Dombrovskis, on Tuesday 2 April, in a dialogue with the European Parliament's Economic Affairs Committee.
When asked by Marco Valli (EFDD, Italy) about the recent General Court ruling validating alternative support in respect of the Italian deposit guarantee fund, FITD,...