Eurozone banking union is deeply flawed

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Series Details 27.01.13
Publication Date 28/01/2013
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Rescue mechanism presents a very significant danger, write Hans-Werner Sinn and Harald Hau in this commentary feature. The writers are respectively president of the Ifo Institute and a professor of finance at the University of Geneva.

Related Links
ESO: Background information: Ministers agree deal on EU banking union
European Commission: RAPID MEMO/12/416: Bank recovery and resolution proposal: Frequently Asked Questions

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