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VOICED : Merkel EU bank supervision
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Business, Social Studies
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10th - 12th Grade
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The transcript discusses the establishment of a robust banking supervision system, emphasizing the need for a system that is effective and deserving of its name. It outlines the timeline for implementation, expected to be completed in 2013, and highlights the challenges in installation, as noted by Mario Draghi. The system must be fully functional before any bank recapitalization can occur.
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