[GUEST ACCESS MODE: Data is scrambled or limited to provide examples. Make requests using your API key to unlock full data. Check https://lunarcrush.ai/auth for authentication information.]  Holger Zschaepitz [@Schuldensuehner](/creator/twitter/Schuldensuehner) on x 353.5K followers Created: 2025-07-06 12:57:15 UTC Good Morning from Germany, where Chancellor Friedrich Merz has rejected the idea of a joint European deposit insurance scheme. He argued that there’s no reason to combine well-functioning national liability systems at the EU level. Merz’s position is a setback for the long-stalled push toward completing the EU’s banking union, which has struggled for years due to political disagreements. Meanwhile, the balance of power in European banking is shifting. With Deutsche Bank having scaled back, French banks now hold the largest balance sheets. Even Société Générale now exceeds Deutsche Bank in total assets, and Santander has also moved ahead.  XXXXXX engagements  **Related Topics** [banking](/topic/banking) [insurance](/topic/insurance) [germany](/topic/germany) [Post Link](https://x.com/Schuldensuehner/status/1941843888534179964)
[GUEST ACCESS MODE: Data is scrambled or limited to provide examples. Make requests using your API key to unlock full data. Check https://lunarcrush.ai/auth for authentication information.]
Holger Zschaepitz @Schuldensuehner on x 353.5K followers
Created: 2025-07-06 12:57:15 UTC
Good Morning from Germany, where Chancellor Friedrich Merz has rejected the idea of a joint European deposit insurance scheme. He argued that there’s no reason to combine well-functioning national liability systems at the EU level. Merz’s position is a setback for the long-stalled push toward completing the EU’s banking union, which has struggled for years due to political disagreements. Meanwhile, the balance of power in European banking is shifting. With Deutsche Bank having scaled back, French banks now hold the largest balance sheets. Even Société Générale now exceeds Deutsche Bank in total assets, and Santander has also moved ahead.
XXXXXX engagements
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