It is “quite obvious” that “the level of (regulatory) capital is not a restriction for lending” to the EU economy, and this situation constitutes “one of the few competitive advantages” of the European banking system, said ECB Vice-President Luis de Guindos on Thursday 15 January. “The European approach is paying off, and this is something that the banks should acknowledge”, he stressed during a discussion at the European Parliament’s Committee on Economic and Monetary...