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Germany ready to move on euro zone bank reform, but sets tough conditions

The European Union and German nation flags are pictured before a debate on the consequences of
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BERLIN (Reuters) - Germany proposed four reforms on Wednesday that it wanted the euro zone to adopt to complete its stalled banking union, making clear some of the changes it had opposed so far, like deposit insurance, could take place.Finance Minister Olaf Scholz wrote in an article in the Financial Times that Germany, which has for years blocked any talks on a European Deposit Insurance Scheme..
Date Published: Nov 06, 2019
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