Quote:
Originally Posted by XS904
Maybe we are moving to fast towards a more integrated Europe, and people are struggling to cope with it.
However, financial imbalances within the union and some quite large cultural differences must be addressed.
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What do you have in mind?
Regarding your earlier point related to the bank bail-outs of the last decade: the next banking event of similar nature will be subject to bail-ins.
The legislation for the bail-ins is in place and has had a trial run by the ECB in the case of Cyprus.
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Dave
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