Most EU bank union work can be done without law change: Eurogroup head
By Jan Strupczewski WASHINGTON (Reuters) – The euro zone’s top project to boost economic growth – banking union – will not be delayed for now by a row over whether it needs EU law changed because most of the work can be done before this is settled, a senior euro zone official said on Saturday. Jeroen Dijsselbloem, the Dutch finance minister who chairs the monthly meetings of his euro zone colleagues, said the dispute on the legal requirements of the banking union can go in parallel with more technical work on how it would function. . . .
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