Sweden: Minister for Finance warns EMU about moral hazards7.11.2017 Sweden: Minister for Finance warns EMU about moral hazards
Dagens Industri, 07 Nov 2017, online:-
Swedish Minister for Finance Magdalena Andersson has warned the Eurogroup countries that continued EMU forms of support could carry moral dangers. She argued that all countries should be responsible for their own economies, and that added functions such as common unemployment insurance, investment support and a common budget could serve as moral hazards. Magdalena Andersson further stated that the Eurogroup countries disagree heavily on the subject, but that the countries are more positive about deeper EMU ties to the banking sector via the EU banking union.
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