<p>Since 2009, the EU has undertaken a large number of reforms to establish a safer, more resilient, transparent and responsible financial system, serving the economy and society as a whole.</p>

<p>However, the size and complexity of a number of banks remain an issue of concern. The balance sheet of some of these banks is larger than the GDP of their home countries. These banks remain 'too big to fail' and, as a result, take advantage of the presumption that the sovereign will bail them out with taxpayers' money in case of substantial trouble, instead of letting them fail.</p>

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2019 European elections (T)

#EUelections2019 - Safer banks

Lehman Brothers: 10 years after

Infoclip: European Banking Authority 2016

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Press conference by Philippe LAMBERTS (BE), Greens/EFA co-chair, Fabio DE MASI (GUE/NGL, DE) and Marco ZANNI (EFDD, IT) ahead of committee vote on EU rules on banking structure reform

People at Cash dispenser in Athens

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