Germany’s Finance Minister Scholz proposal to break the deadlock in discussions over the European banking integration looks, at first glance, quite striking, although not surprising. Discussions over a European common deposit insurance scheme have always been opposed by Germany and fiscally conservative countries, who have so far refused to accept a potentially vast liability from other EU’s member states’ financial woes, especially in Southern Europe. Click on the link to read The loss of Anglo Saxon capital markets are behind new proposal for completing EU banking union.