Constancio says EU countries are ‘moving the goalposts’ on risk sharing

Vitor Constancio
Vítor Constâncio
EU2016 NL

European Central Bank vice-president Vítor Constâncio has accused some eurozone countries of shifting their policy aims in order to prevent the sharing of risk between national financial systems.

The truth is that so far the Banking Union project has been exclusively about risk reduction and no specific element of risk sharing has been introduced”, Constâncio said on May 17.

Constâncio said that one key form of risk sharing would be a European deposit insurance scheme, or EDIS, in a speech to

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact info@centralbanking.com or view our subscription options here: http://subscriptions.centralbanking.com/subscribe

You are currently unable to copy this content. Please contact info@centralbanking.com to find out more.

Sorry, our subscription options are not loading right now

Please try again later. Get in touch with our customer services team if this issue persists.

New to Central Banking? View our subscription options

Register for Central Banking

All fields are mandatory unless otherwise highlighted

This address will be used to create your account

You need to sign in to use this feature. If you don’t have a Central Banking account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account

.