Brussels, 22/08/2012 (Agence Europe) - The European Commission is working overtime to be able to present its legislative proposal on establishing a single banking supervision mechanism for the eurozone by Tuesday 11 September. In line with decisions taken at the eurozone summit end June (see EUROPE 10645), the mechanism will entrust ultimate surveillance responsibility to the ECB, while the EU17 supervisors should also continue to carry out the task of oversight on a daily basis. Early...