On Thursday 5 June, France, Spain, Portugal, Germany, Luxembourg, the Netherlands and Estonia launched a European savings label called ‘Finance Europe’. This is the first initiative of the ‘European Competitiveness Laboratory’, launched last March by the Spanish Minister for the Economy, Carlos Cuerpo, to rapidly test financial integration projects across an embryonic group of EU Member States (see EUROPE B13596A15).
“Together with a number of willing Member States, we have...