🏦 Today we’re taking another step towards the Banking Union by reforming the rules that kick in if a bank gets into trouble.
This will improve our capacity to make sure that any bank can exit the market smoothly, regardless of size or business model.
🐦🔗: https://n.respublicae.eu/McGuinnessEU/status/1648334765911683073
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We are building on our experience over the past ten years, so that we maintain financial stability and protect taxpayers’ money in our crisis management and deposit insurance framework.
🗞️ Read more: https://ec.europa.eu/commission/presscorner/detail/en/ip_23_2250
🐦🔗: https://n.respublicae.eu/McGuinnessEU/status/1648334768428163073
Read my remarks at today’s press conference: https://europa.eu/!NRR66J
🐦🔗: https://n.respublicae.eu/McGuinnessEU/status/1648346619987763203