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By Antoine KREMER and Gilles PIERRE, ABBL
In the last year the economic repercussions of the COVID-19 pandemic, the build-up of non-performing loans on banks’ balance sheets, several (national) resolutions of mid-sized banks, low profitability as well as stiff competition from outside the traditional banking sector have once again brought the finalisation of the banking union to the forefront of the debate in Brussels.
On 25 February the Commission launched a consultation on crisis management and deposit insurance that remains open...
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