The European Central Bank’s supervisory guidance to facilitate bank consolidations in the EU has been labelled “a major disappointment”, for the absence of measures to address its own merger approval process.
13 January 2021
European finance ministers have agreed to the long-awaited reform of the EU’s bailout fund, giving it greater powers over future bailout programs and positioning it as a backstop in the case of another financial crisis.
02 December 2020
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