The study on enhancing EU competitiveness in the banking sector, requested by the ECON, has been published by the Economic Governance and EMU Scrutiny Unit. The study emphasises the importance of a resilient and efficient banking sector for EU competitiveness. Building on its analysis, the study recommends that, to achieve this, the EU should first prioritise the defragmentation of the banking market, and then, simplify and streamline the prudential framework for banks without compromising resilience.
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