Economy

Basel III: Member states see national financial stability at risk

Member states with a significant presence of foreign banks fear that the EU Commission’s proposal to implement the Basel III agreement sacrifices their national financial stability to integrate the EU’s banking sector.

Member state finance ministers meet to discuss the macroeconomic outlook, fiscal policy and Basel III capital requirements on 9 November 2021 in Brussels. [EU Council Press service]

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János Allenbach-Ammann Euractiv 10-11-2021 10:18 4 min. read Content type:

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Updated: 29-09-2024