EU Finance ministers agree on new banking capital rules and move closer to Banking Union

Press conference by EC Vice-Presidents Valdis Dombrovskis (left) and Jyrki Katainen, on the Commission's proposals in the framework of the financial union (Source: EC Audiovisual Services / Copyright: EU, 2018 / Photo by Georges Boulougouris)Last week, European Union finance ministers have reached an agreement on a package of measures to reform bank capital rules in the bloc. The so-called banking package, aimed at creating a sort of “Banking Union” among the Member States, is expected to be a major step towards further strengthening the resilience of the EU banking […]
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