07 Feb 2014

A European Glass-Steagall to preserve the single market

Karel Lannoo

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In his assessment of the EU proposal on banking structural reform, unveiled on January 29th, Karel Lannoo observes that the Commission must perform a delicate balancing act between preserving the single market and at the same time accommodating existing EU measures covering resolution and trading activities.

Karel Lannoo is Chief Executive Officer and Senior Research Fellow at CEPS.