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Editorial - Financial Times - L. Smaghi: European banking union needs it final leg

image-10/25/2017 - 14:21October 21, 2017 - Financial Times published an editorial by SEP Scientific Council member Lorenzo Smaghi, in which he discusses what is still needed for the EU to have a fully functioning economic and monetary union. In short, Professor Smaghi believes that a common deposit insurance scheme would go a long way in reducing risk and moral hazard in the current system. 

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