Published: May 16th, 2023,
Last updated: December 12th, 2023
The EU Commission’s push to strengthen crisis management in the banking sector has met with some criticism from the German government. According to information from Table.Media, Berlin is basically behind the Brussels efforts. However, the Commission’s approach envisages very far-reaching changes to the existing regulatory framework. This is neither necessary, nor is there any justification for it. Minister for Finance Christian Lindner intends to present the German position today at the meeting of EU finance ministers.