What is the banking union?
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- čas přidán 10. 09. 2024
- The banking union is a fundamental change to the way banks are supervised in Europe to protect taxpayers and savers. How will it affect your daily life? Find out in a couple of minutes in this video! You can watch the second video in the series "The banking union in practice" here: • The banking union in p...
I hope the economy grows and is stable.
So how come the Italians bailed out two banks a couple of months ago?
so true
Congrats! I think transparence is always a good way to belive in banks and in Europe after the crisis we need more than ever a good explanation about how the financial system works. But my main question is how is possible to have a "banking union" safe without 100% fractional reserve? How is this possible? Thanks.
it isn't.. it is safe for small issues but the € 55 billion fund and 8% from the creditors may not be enough if a large crisis would happen in the future.
It's safe as long as enough people believe it is.