How to strengthen European banking and rise of the digital euro
Monday 6 September 2021 – Vol.12 Ed.36.1
Commentary: Three ways to fix European banking union
By Ignazio Angeloni in Frankfurt
The anticipated acquisition of Italian bank Monte dei Paschi di Siena by Unicredit is only the latest sign that the advent of the European banking union has not prevented massive waste of taxpayer money, nor guaranteed that unviable banks would exit the market. As the 10th anniversary of the banking union...