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Banking union should be followed by company, bankruptcy law reforms, Constâncio says

( April 25, 2014, 15:12 GMT | Official Statement) -- MLex Summary: Banking union provides a framework for completing economic and monetary unions but further changes to company and bankruptcy and tax laws are needed, the European Central Bank’s vice president, Vítor Constâncio, said. Macro-prudential policies should take greater account of heterogeneities among EU countries, Constâncio said.The text of the speech follows....

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