- Sees banking union driving mutualization of risk.
- Sees potential conflict in ECB becoming Bank supervisor.
- Banking union in itself can be stabilizing.
- Putting ECB in charge of banking supervision would risk compromising primary goal of price stability.
Reaction details (08:16)
- EUR/USD has been unreactive to these comments, trades 1.2772 (-9 pips) last.
16 Nov 2012 - 07:55 - - Source: Newswires
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