A European banking union should represent the interests of the citizens and not those of the financial sector, a senior MEP has said.

Speaking at an open conference of presidents session in the European Parliament in Brussels on 20 March, Guy Verhofsatdt, former Belgian prime minister, and leader of the liberal group in the parliament, said that the banking union, a compromise deal which was reached by agreement between the parliament and council (EU heads of states) the previous day shou...

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