ECB's Weidmann says that is evident in the extent to which new principles on winding down of banks are adhered to, especially by countries demanding more mutual liability

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29 June 2017

ECB's Weidmann says that is evident in the extent to which new principles on winding down of banks are adhered to, especially by countries demanding more mutual liability

Sufficient trust cannot be created without adhering to rules that would help further develop currency union
Doesn't see willingness to shift decision-making power to european level

Germany: CPI, y/y , June 1.6% (forecast 1.4%)

Reuters poll - UK's FTSE 100 share index to rise 2 pct from now to reach 7,550 by end-2017; 7,650 mid-2018 (7,425; 7,500 in march poll)

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