Topic: European Central Bank

ECB consolidation guidelines overlook its own approval process

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

EU bailout fund to get greater powers over bank rescues

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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