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Reduce banks’ bad loans, share deposit insurance to aid stability, EU Commission says

( November 21, 2018, 15:25 GMT | Official Statement) -- MLex Summary: Further reducing bank’s bad loans and more tightly integrating the industry, with a shared deposit guarantee and public funding backstop for crisis cleanups, are needed to help underscore financial stability, the European Commission said as part of a package of economic policy measures. Property markets needs monitoring in some countries to guard against risks, the EU executive body said....

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