Sector Regulation Sector Regulation

EU bank-failure framework still requires taxpayers to foot the bill, Basel institute says

By Jack Schickler
  • 10 Jul 2020 07:31
  • 10 Jul 2020 07:26

A major EU banking failure would likely still require support from taxpayers, the Basel-based Financial Stability Institute has warned, with deficiencies in the bloc’s post-crisis regime meaning the bailout era is far from over. 

The report (see here) adds international pressure to the clamor for the EU to sort out how

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