This site has been archived on 2014/11/07

Defending retail banking in order to defend consumers

Michel Barnier

"I am aware of the concerns by banks about the high costs and the considerable efforts needed to implement reforms in the financial sector. However, they are absolutely necessary if we want to show to Europeans that, in the financial field as well as elsewhere, the Single Market is made for them". Speech by Commissioner Barnier at the conference "EU Retail banking - getting reform right"

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