EU's Dombrovskis says European banking sector working well

EU's Dombrovskis says European banking sector working well
 

The European banking sector is working well and developing in the right direction despite issues at individual institutions in Germany or Italy, European Commission Vice President Valdis Dombrovskis said on Thursday.
Speaking at an event at the Peterson Institute for International Economics in Washington, Dombrovskis said some "pockets of weakness" remained in the European banking system, mainly linked to non-performing loans, but that the system as a whole was sound.
Asked if the system was working and if EU banks were adhering to the rules of the EU's banking union, Dombrovskis... read more

 
6 October 2016 in Business, Views: 51
Source: Reuters
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