Bank-Union Skepticism Abounds as Denmark Examines Pros and Cons
- Review comes as Nordea makes bank union key to HQ decision
- Denmark and Sweden have given themselves 2 years to decide
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As Denmark reconsiders joining Europe’s bank union, the two biggest parties in the country’s parliament are already voicing considerable skepticism.
The divisions suggest it’s far from obvious that Denmark will become part of a union that so far only counts euro-zone nations. The minority coalition of Prime Minister Lars Lokke Rasmussen has given itself about two years to decide. (The latest review follows a 2015 study of the pros and cons of membership).