Denmark to decide on EU's banking union membership after Brexit

Danish lawmakers concluded in 2015 that it would be in the country's interests to participate in the banking union. But the Danes postponed making a decision then, pending clarification of certain matters. Brexit and increased focus on Denmark as a financial centre made it relevant for the country to now launch a review leading to a final decision by autumn 2019, after Britain's EU exit has been formalized, Business Minister Brian Mikkelsen said in a statement. Participation in the banking union would mean closer integration for a country that has been an EU member since 1973 but holds opt-outs from EU policies on security, police and the euro. Reuters



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