German finance minister calls for urgent progress on EU banking union
  • WORLD

  • 15:26 05 September 2019

German finance minister calls for urgent progress on EU banking union

German finance minister Olaf Scholz on Thursday called for the European Union to renew its efforts to strengthen its banking and capital markets union, ONA reports citing Reuters.

Scholz, speaking via video to a banking conference in Frankfurt, said progress was “urgent” and needed “as quickly as possible”, and would help European banks compete with their U.S. counterparts.

ONA

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