Institutional protection schemes in Europe publish joint declaration in support of a strong banking union
Nachrichtenagentur: news aktuell | 16.04.2021, 13:45 | 56
Austria, Germany, Italy, Poland, and Spain have published a joint declaration on
their role within a strong banking union. By making this declaration, the
institutional protection schemes wish to contribute to the political discussions
currently taking place at European level. The signatories to the declaration are
calling for the institutional protection schemes and their member banks to be
structurally exempted from any mutualized European deposit insurance scheme
(EDIS), the establishment of which is currently being discussed.
The declaration was prompted by the consultation process launched by the