Tuesday 12 November 2019
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brecorder - 6 days ago

German finance minister open to eurozone deposit insurance

An enhanced banking union framework should include some form of common European deposit insurance mechanism. In case of bank failure, first the national deposit guarantee schemes would step in, followed by a European deposit insurance fund. FRANKFURT AM MAIN: German Finance Minister Olaf Scholz said Wednesday a common European deposit insurance should be included in [ ]


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