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Image header Agence Europe
Europe Daily Bulletin No. 10689
Contents Publication in full By article 4 / 28
ECONOMY - FINANCE - BUSINESS / (ae) banking

Eurozone divided over bank supervision

Nicosia, 14/09/2012 (Agence Europe) - German finance minister Wolfgang Schäuble doubts that the European Stability Mechanism, the eurozone's new bailout fund with lending capacity of €500 billion, will be able to directly bail out struggling banks by 1 January 2013. He was speaking at the ECOFIN Council in Nicosia on Friday 14 September. He believes that adopting of the draft legislation to give the European Central Bank (ECB) ultimate powers over supervision of all banks in the eurozone...

Contents

A LOOK BEHIND THE NEWS
A Look Behind The News, by Ferdinando Riccardi: A few remarks on this week's two most striking developments
ECONOMY - FINANCE - BUSINESS
(AE) EUROGROUP: Spain announces new reform
(AE) GREECE: No decision until October European Summit
(AE) BANKING: Eurozone divided over bank supervision
(AE) COMPETITION: EADS/BAE Systems - Commission refuses to comment
(AE) ECONOMY: Inflation rises slightly in August
INSTITUTIONAL
(AE) ROMANIA: Barroso reiterates his concerns about President Basescu
(AE) NETHERLANDS: Liberals want coalition with Labour, not far left
(AE) ADMINISTRATION:
SECTORAL POLICIES
(AE) ENERGY: Cyprus ministerial on renewables and infrastructure
(AE) ENERGY: Oettinger recommends close cooperation between Baltic states
(AE) ENVIRONMENT: Noise assessment soon to be harmonised
(AE) ENVIRONMENT: EASIN tool to combat alien species
(AE) AGRICULTURE: EP backs compromise on quality products
(AE) HEALTH: EP wants multiple sclerosis tackled more effectively
(AE) MOBILITY:
(AE) FISHERIES: EP wants stronger fishermen's organisations and co-ops
(AE) FISHERIES: EP wants to reduce negative impact of CFP reforms
(AE) JHA: EP resumes talks on Schengen with Council
(AE) TRANSPORT: EU and ICAO stand together for aviation security
EXTERNAL ACTION
(AE) CHINA: Wen Jiabao in Brussels on 19 September for annual summit
(AE) UKRAINE: Legitimacy of parliament will depend on how elections unfold
(AE) GEORGIA: EU Monitoring Mission extended by one year
(AE) ACP: EP applauded by ACPS for giving them two more years for signing EPAs
(AE) SOUTH AFRICA: Fifth bilateral summit in Brussels on Tuesday
(AE) HUMAN RIGHTS: Five world applications in run for Sakharov prize
(AE) BURMA/MYANMAR: Parliament calls for end to ethnic violence
(AE) AZERBAIJAN: European Parliament regrets pardon of Ramil Safarov