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Europe Daily Bulletin No. 13211

29 June 2023
Contents Publication in full By article 14 / 45
ECONOMY - FINANCE - BUSINESS / Banks
Andrea Enria extols merits of ‘CMDI’ proposal to strengthen European tools for managing banking crisis at European Parliament
Brussels, 28/06/2023 (Agence Europe)

On Wednesday 28 June, the Chair of the ECB’s Single Supervision Mechanism (SSM), Andrea Enria, urged MEPs to push through the ‘CMDI’ proposal to strengthen European tools for managing a banking crisis before the end of the current parliamentary term (see EUROPE B13164A7). 

We support extending the use of resolution tools to a broader spectrum of banks”, he said during a debate in the European Parliament. In his view, the Commission’s proposal to allow national deposit...

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