On October 18, the Eurobarometer published the second part of a survey commissioned by the European Parliament entitled “One year to go to the 2014 European elections”. The poll shows that over half of EU citizens feels that the European Union is best placed to regulate banks and when asked about guarantees for citizens’ banks deposits, over half the respondents also said that action at European level would be more effective than at national level.
EuroFinUse agrees that European and national authorities have undertaken a number of initiatives towards an integrated market for banks and financial conglomerates but a lot remains to be done. In this respect EuroFinUse asks for more transparency, liquidity, integrity and efficiency in capital markets, more protection of financial services’ users and better governance of financial supervision.
Please read the European Parliament press release here.