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ECB’s Villeroy: Confidence in single resolution fund must be bolstered

The European Central Bank policymaker Francois Villeroy de Galhau is crossing the news wires, with key quotes, via Reuters, found below.

Monetary policy cannot be the only game in town, and therefore we should not overburden it.

EU should consider setting up a single entity to combine roles of banking authorities like ECB, SSM and SRM.

Confidence in single resolution fund must be bolstered.

Author

Eren Sengezer

As an economist at heart, Eren Sengezer specializes in the assessment of the short-term and long-term impacts of macroeconomic data, central bank policies and political developments on financial assets.

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