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Nordea’s move to the Banking Union is no surprise

Schoenmaker, Dirk, (2017), «Nordea’s move to the Banking Union is no surprise», Bruegel, 12 Σεπτεμβρίου

Scandinavian banking giant is moving to Finland. This is not just a flight from increasing taxes and tighter regulation in its current home, Sweden. Nordea is also moving inside the banking union to find a fiscal backstop large enough to see it through any future crisis. Will this vote of confidence encourage Sweden and Denmark to join the banking union?

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