ECB's Enria calls for measures to favor banking mergers in Europe

[May 03, 2019]  FLORENCE (Reuters) - The European Central Bank's top watchdog said on Friday the euro zone needed to favor mergers of banking groups in the bloc.

"We need to deploy policies to restore and improve the integration of our banking markets to favor consolidation and also cross-border consolidation, possibly of banks," Andrea Enria told a conference in Florence.

(Reporting by Crispian Balmer; writing by Francesco Guarascio; Editing by Gareth Jones)

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