SUBSCRIBERS
Germany on track for EU clash over bank-failure rules
Published Wed, Apr 6, 2016 · 09:50 PM
Berlin
GERMANY is on a collision course with the European Commission over enforcing bank-failure rules the European Union introduced two years ago to end an era of taxpayer bailouts.
The finance ministry in Berlin is warning against "watering down" the rules, including a requirement to impose losses on investors and the introduction of powerful authorities overseeing bank failures. Its warning…
BT is now on Telegram!
For daily updates on weekdays and specially selected content for the weekend. Subscribe to t.me/BizTimes
International
India’s economic activity continues to expand
Thailand’s 500 billion baht stimulus project gets Cabinet approval
China finance ministry echoes Xi’s call for bond trading at PBOC
Bank of Japan to hold rates with focus on hawkish signals to buoy yen
Blackstone-owned Crown Resorts can keep Sydney casino licence, regulator says
Silent and brooding, Trump endures courtroom ordeal