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#EuropeanBanking

In my interview with the @ecb Supervision Newsletter I explain why Europe needs a more integrated European banking market. The EU's competitiveness depends on our capacity to invest. For that we need banks that are able to operate at a truly European scale. #EuropeanBanking #EUCompetitiveness #BankingIntegration #EU

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Reuters May 5

The chairman of the euro zone's finance ministers, Kyriakos Pierrakakis, emphasized the necessity for larger European banks to effectively compete with major financial institutions in the U.S. and China, arguing for cross-border mergers and a unified EU financial market to enhance technological investments and market supervision. #EuropeanBanking #FinancialIntegration #TechInvestment #EU #DE #IT #US #CN #LU #IE

Europe needs bigger banks to compete with US, China, Eurogroup chairman says