The European Union unveiled a sweeping package to tackle inefficiencies, barriers and national biases that have dogged its banks for decades, seizing on concerns about growth and competitiveness to take on contentious issues like deposit insurance and the free flow of capital across the bloc’s borders.
The European Union unveiled a sweeping package to tackle inefficiencies, barriers and national biases that have dogged its banks for decades, seizing on concerns about growth and competitiveness to take on contentious issues like deposit insurance and the free flow of capital across the bloc’s borders.
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