Denmark To Decide On Joining EU Banking Union
July 4th, 2017. \\ Business and Economy. \\ Tags: Denmark.

Denmark plans to make a final decision on whether to join the European Union’s banking union by autumn 2019 following a review, the Ministry of Industry, Business and Financial Affairs confirmed today (July 4th).

“The banking union has been in function for a number of years and there is a basis for assessing the experiences and the way supervision of banks and mortgage credit institutions will be conducted,” said minister Brian Mikkelsen in a statement.

Denmark, an EU state but not part of the eurozone, postponed a decision in whether to join the banking union in 2015, pending clarification of a number of areas.

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