Sweden's Srejber on supervisory responsibility

In the speech 'The divorce between macro financial stability and micro supervisory responsibility: are we now in for a more stable life?' given on 13 May Eva Srejber of the Sveriges Riksbank said she finds it hard to see how, in the long run, the EU could avoid establishing an EU financial supervisor.

"At the moment, we are spending considerable supervisory and central bank resources on trying to construct arrangements that will enable us to work and act as one. Why not instead become one, and

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