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Europe Daily Bulletin No. 12382

4 December 2019
Contents Publication in full By article 17 / 30
ECONOMY - FINANCE - BUSINESS / Banks
Elke Koenig calls for gradual harmonisation of national banking insolvency regimes
Brussels, 03/12/2019 (Agence Europe)

The President of the Single Resolution Board, the European authority responsible for resolving major failing banks in the euro area, wants a gradual harmonisation of national insolvency regimes for banking groups, without denying the Herculean scale of the task.

Let’s start small and consider that failing banks need to be safely liquidated”, Elke Koenig told the European Parliament’s Economic and Monetary Affairs Committee (ECON) on Tuesday 3 December in response to Markus Ferber...

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