Greece's Provopoulos: EU supervision overhaul hist

The European Commission's planned overhaul of the European Union's financial architecture is a historic step forward, said George Provopoulos, the governor of the Bank of Greece.

Provopoulos said that if implemented, the approach, based on the de Larosiere report, would constitute a historic step forward, putting in place important building blocks of an EU financial stability framework that was consistent with the objective of creating a single financial market.

The governor made the comments on

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