“Brussels, 14 November 2012 – Finance Watch, the public interest advocacy group, has published its response to the Report of the EU’s High-Level Expert Group on Reforming the Structure of the EU Banking Sector, led by Erkki Liikanen.

Key points:

– The report’s analysis is sound and its recommendations should be strengthened

– Robust structural reform of banks would boost growth and stability in the EU

– Without structural reform of banks, the EU’s plans for Banking Union could backfire”

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Read full press release here