Bank of Finland Deputy Governor Pentti Hakkarainen

Bank of Finland Deputy Governor Pentti Hakkarainen

Henrik Kettunen/Bloomberg

“Deposit guarantees should be further harmonized within the EU with regards to what they cover, how they’re funded and to what amount,” said Pentti Hakkarainen, deputy governor of the Bank of Finland. “The idea at the current juncture is to harmonize national rules rather than create an EU-wide scheme.”