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Europe Eurogroup and ECOFIN meetings in May 2018

European finance ministers convened in Brussels on 24-25 May 2018 for their monthly Eurogroup and ECOFIN Council meetings. The ECOFIN Council reached an important agreement on the “banking package” that will pave the way towards the completion of the banking union. If a crisis occurs in the future, banks, shareholders and creditors – not taxpayers – will be liable for losses.

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