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Schaeuble Says European Deposit Guarantee Plan Will Have to Wait
A European deposit-guarantee system will have to wait until financial-stability measures already on the books, such as common bank resolution rules, are fully implemented, German Finance Minister Wolfgang Schaeuble said. Starting a debate on a euro-area deposit-guarantee system now would “put the cart before the horse,” Schaeuble told reporters in Luxembourg on Saturday after a meeting of European Union finance ministers. “The important point now is to implement what has been agreed.” One precondition for deposit-insurance talks is for all EU countries to enact the Bank Recovery and Resolution Directive, ... (full story)
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- Sep 12, 2015 5:01pm Sep 12, 2015 5:01pm
- Kis Zoltan
- | Joined Oct 2011 | Status: Member | 448 Comments
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- Sep 13, 2015 2:40am Sep 13, 2015 2:40am
- Aussi
- Joined Sep 2013 | Status: Member | 4049 Comments
ITS ABOUT THE CASH NOTHING ELSE.
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- Sep 13, 2015 3:34am Sep 13, 2015 3:34am
- Kis Zoltan
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- Sep 13, 2015 9:09am Sep 13, 2015 9:09am
- Elisabeth
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