The reform of Europe’s financial sector is only halfway there

More than five years since the financial crisis hit, and more than forty policy-making processes later, there’s still a long way to go towards a stable financial sector that works in the service of society. That was the conclusion of an expert meeting held on 8 May in The Hague. Aerdt Houben of the Dutch central bank (DNB) estimated that we are halfway there. The (trade-union-based organisation) FNV Finance, the consumer watchdog Consumentenbond and Oxfam Novib participated in the debate about the reform of the financial sector with MEPs and candidates to the European parliament. These organisations put forward ten concrete steps that should be undertaken in Brussels in the next five years.

Read the complete article here (Dutch only).