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French finance minister presses Germany on euro zone reforms

Reuters  |  PARIS 

PARIS (Reuters) - French Finance Minister Bruno Le Maire on Wednesday urged Germany and other European countries to stop holding up tough decisions about the euro zone's banking and capital market regulations.Euro zone finance ministers failed to make a breakthrough on Monday on an EU-wide deposit guarantee scheme, even though the European Central Bank said risks for banks have already been reduced enough.Germany along with other northern countries say euro zone banks must first reduce exposure to risks before such a project can be launched."I regret that current political difficulties in ...

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First Published: Thu, March 15 2018. 01:34 IST