Italy, after Greece, is now the next target of the archetypical Teutonic aggressiveness, aimed this time at making the life difficult for Paolo Gentiloni the new Prime Minister. The problems Rome has with the country’s banking system are being exaggerated and used by Berlin to either pave the road leading outside the euro area or […]Italian banks: It’s Rome’s turn to confront Berlin’s aggressiveness
January 5, 2017 by Leave a Comment
Italy, after Greece, is now the next target of the archetypical Teutonic aggressiveness, aimed this time at making the life difficult for Paolo Gentiloni the new Prime Minister. The problems Rome has with the country’s banking system are being exaggerated and used by Berlin to either pave the road leading outside the euro area or […]The EU banking union needs a third pillar guaranteeing deposits
November 29, 2013 by 1 Comment
Daniele Nouy, secretary-general of the French Prudential Supervision Authority for banks, candidate to head Europe’s Single Supervisory Mechanism for lenders, speaking at the European Parliament last Wednesday stressed that, the “EU supervisor would be hampered if the two other pillars of banking union (recovery and resolution mechanism and deposit guarantee system) were not set up”. […]
