We have negotiated with 27 member states, all with their separate national interests to safeguard. And the negotiations went well. This does not mean that current regulation is the end of the road. Rather, a game changer has been introduced. Decisions will be taken by the members of the Banking Union.
They will, as a matter of course, negotiate and reach a conclusion among themselves – and will then stand together as one large group that cooperates closely when it comes to banking. The outsiders, on the other hand, will be a small, diverse group. In that situation we may ask ourselves how we can best protect the Danish mortgage credit system.