Economic Committee votes in favor of dep • Table.Briefings

Ulrich Reuter, President of the German Savings Banks and Giro Association.

MEPs vote in favor of a European fund to provide additional protection for bank customers’ money. The savings banks are firmly opposed to the reform.

The European Parliament’s Economic Affairs Committee has spoken out in favor of a reform of deposit protection in Europe. On Thursday, 26 MEPs voted in favor of the draft by rapporteur Othmar Karas, 18 against (with three abstentions). The report is now to be voted on in plenary, but only after the European elections from June 6 to 9.

Economic Committee votes in favor of deposit protection reform

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