It includes the zero risk-weighting of government bonds issued in local currency and the lack of exposure limits. In order to strengthen the banking union and the monetary union, I believe we need to end this preferential treatment of sovereign debt over a reasonable period of time.
Sovereign bonds should be adequately risk-weighted, and exposure to individual sovereign debt should be limited, as is already the case for private debt. 3. Conclusion  Ladies and gentlemen, The French writer François Fénelon said, “The more you say, the less people remember.” Moreover, I promised to be brief. So let me conclude.