The S&D group in the European Parliament believes that the competitiveness of the banking sector will be strengthened not by weakening the regulatory framework, but by deepening the internal market, in particular through the completion of the banking union, in a note published on Tuesday 21 April.
The general idea in the report is as follows: “The best way to increase competitiveness in the banking sector in Europe is through the single market”, said Jonás Fernández, the S&D...