The package of prudential reforms for banks, known as Basel IV, is at a standstill due to the strong impact that it could have on the entire sector. The EU fears that the increase in the capital requirements could weaken the lending activity of European banks.
European Central Bank headquarters (Jurjen van Enter, CC BY-NC-ND)
(INA, Public domain)
Hungary's PM Victor Orbán (European Parliament, CC BY-NC-ND)
(European Parliament, CC BY-NC-ND)
(TaxCredits.net, CC BY)
(Michelle Kinsey Bruns, CC BY-SA)
Rome, Italy, March 2017 (European Parliament, CC BY-NC-ND)