Two turkeys do not make an eagle


'I prefer that we take structural measures that clear balance sheets, restructure or wind down banks and allow the survivors to resume lending without looking back. This is the clearest path to both financial stability of the sector and viability of its major players. This is much better than contemplating mergers between troubled banks. As I heard at the OECD yesterday: two turkeys do not make an eagle.'

Nellie Kroes, EU Competition Commisioner