Germany, France Join Denmark to Fight Basel Liquidity Rules
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Denmark is teaming up with Germany and France to fight rules it says will penalize the world’s third-largest covered bond market.
“It’s a matter of gathering support and finding friends,” said Louise Mogensen, a department head at the Copenhagen-based Economy Ministry, in a March 7 interview. “It’s still too early to say that we’ll be successful; the commission has shown it’s ready to listen to our points.”