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Europe Daily Bulletin No. 10155

9 June 2010
Contents Publication in full By article 16 / 37
GENERAL NEWS / (eu) eu/financial services
Germany wants changes to financial supervision legislation

Luxembourg, 08/06/2010 (Agence Europe) - Germany argued on Tuesday 8 June, at a discussion at the ECOFIN Council about progress in preparing the EU's new financial regulation package, that concessions should be made feasible and legally possible at the inter-institutional negotiations on the package. Concessions might take the form of moving back in the direction of the European Commission's initial proposals, giving greater powers to the three new EU supervision authorities (ESAs). The...

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