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EU must complete banking union, so deposit guarantee needs finalizing, finance official says

By Kathryn Carlson
  • 12 Oct 2021 13:58
  • 12 Oct 2021 13:58
The EU's banking union needs to be completed as soon as possible, which means finalizing a bloc-wide deposit guarantee scheme is top priority, a senior European Commission official has said, in the face of criticism of the scheme from the European Central Bank and the banking sector.
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Kathryn Carlson

Financial Services Correspondent, Europe

Kathryn is a correspondent leading EU financial services coverage for MLex in Brussels. She previously covered energy and trade as a reporter for MLex, and has written for Reuters and The Times of London among other outlets. Kathryn holds a degree in English Literature from the University of Oxford and spent time working in Italy and France before making the move to Brussels.

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