EU reaches deal to shield taxpayers from bank failures
Share Now on:
After hours of high stakes negotiations, European finance ministers have struck a deal to help shield taxpayers from bank failures. The EU plan is to make sure bank shareholders and depositors shoulder losses before they fall to taxpayers.
The BBC’s Mark Gregory joins Marketplace Morning Report host David Brancaccio from London with the details.
As a nonprofit news organization, our future depends on listeners like you who believe in the power of public service journalism.
Your investment in Marketplace helps us remain paywall-free and ensures everyone has access to trustworthy, unbiased news and information, regardless of their ability to pay.
Donate today — in any amount — to become a Marketplace Investor. Now more than ever, your commitment makes a difference.