<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>

Taxation (T2)

economic growth (T)

2019 European elections (T)

#EUelections2019 - Safer banks

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Infoclip: European Banking Authority 2016

State aid and resolutions decisions in the banking sector: extracts of the exchange of views with Margrethe VESTAGER, Member of the EC in charge of Competition

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People at Cash dispenser in Athens

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