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Eurogroup President: "Compare the Technological Investments of European Banks with Those of American or Chinese Banks and You Will Understand Why We Need Big Banks"

Eurogroup President Kyriakos Pierrakakis (pictured) believes that Europe needs bigger banks and more cross-border bank mergers. “We need European champions, not national ones, and yes, we need more bank consolidation in Europe, we need more cross-border mergers and acquisitions,” Pierrakakis said, according to Bloomberg […] The article Eurogroup President: “Compare the technological investments of European banks with those of American or Chinese…
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Eurogroup President Kyriakos Pierrakakis (pictured) believes that Europe needs bigger banks and more cross-border bank mergers. “We need European champions, not national ones, and yes, we need more bank consolidation in Europe, we need more cross-border mergers and acquisitions,” Pierrakakis said, according to Bloomberg […] The article Eurogroup President: “Compare the technological investments of European banks with those of American or Chinese…

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CursDeGuvernare.ro broke the news on Thursday, May 7, 2026.
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