UPDATE 2-Germany demands clarity on risk reduction for banking union
(WorldNews Germany)

Germany said on Wednesday that euro zone members should first agree on clear parameters for reducing risks in the banking sector before progress can be made toward completing a banking union through a deposit insurance scheme in the currency bloc. Reforming the euro zone has become a priority since the election last year of French President Emmanuel Macron, who hopes Chancellor Angela Merkel will have a government in place by the end of March to help move his ambitions ahead. ......