By Reuters
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FRANKFURT (Reuters) - German finance minister Olaf Scholz on Thursday called for the European Union to renew its efforts to strengthen its banking and capital markets union.
Scholz, speaking via video to a banking conference in Frankfurt, said progress was "urgent" and needed "as quickly as possible", and would help European banks compete with their U.S. counterparts.
(Reporting by Tom Sims, editing by Riham Alkousaa)
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