AMSTERDAM May 7 For European banking union to
succeed, all EU member countries need to be in agreement,
Christine Lagarde, managing director of the International
Monetary Fund, said on Tuesday.
"You need to have all the players at the table," Lagarde,
managing director of the IMF, told students at the University of
Amsterdam when asked about Germany's concerns.
The banking union is one of the key projects to improve the
economy of the 17 countries sharing the euro. It would help
eliminate many of the problems that now hold back the flow of
credit needed to finance a euro zone economic recovery.
Germany has shown some reluctance, but Finance Minister
Wolfgang Schaeuble signalled a softening of his stance earlier
on, saying the euro zone should press ahead on the basis of