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European Banking Warns of Its 66% Excess Capital over Basel
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The financial sector of the Old Continent raises the tone against the excessive burden posed by the Community regulatory framework. A burden for the range of investments that Europe has to mobilise to increase defense spending and accelerate the energy and digital transition -Draghi has covered them at 800 billion annually. In its response to the public consultation on the competitiveness of the sector launched by the European Commission, the Eu…
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