Brussels, 17/09/2012 (Agence Europe) - The first ministerial discussion of the legislative proposal granting the ECB the ultimate powers in terms of banking supervision in the eurozone, just three days after it was presented by the European Commission (EUROPE 10686 and 10687), gave rise to major divisions between member states as regards both the content of the measures and the pace for the adoption of the reform, at the informal ECOFIN Council in Nicosia on 14 and 15 September.
The most...