A Parachute for the Economy

Un paracadute per l’economia

EN | IT – A good news is the launch by the European Parliament (now expiring its mandate) of the second leg of the banking union, the one concerning the rescue of European banks. The issue is extremely unpopular, because it involves one of the least popular institutions of the continent (the banks) and the inextricable connection with the sovereign risk of the individual countries (which condemns to a greater weakness the banks of the States which are considered less reliable), but eventually an agreement has been found.