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The big idea that won't fix Europe's bank problem

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Published Wed, Aug 10, 2016 · 09:50 PM

DeeperDive is a beta AI feature. Refer to full articles for the facts.

Virginia

EUROPE'S banks have had a rough year: Their stock prices have fallen so low that some observers wonder whether they are viable in their current form.

Yet the most commonly proposed solution - a true banking union - is also deeply flawed.

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