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Thursday, October 30, 2014

Europe: Building a Banking Union | Stratfor

Europe: Building a Banking Union | Stratfor



"The recent stress tests by the European Central Bank offered few surprises and did not cause any significant political or financial reactions in the Continent. However, these tests were only the beginning of a complex process to build a banking union in the European Union. Unlike the stress tests, the next steps in this project could create more divisions in Europe because national parliaments will be involved at a time when Euroskepticism is on the rise."


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