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Europe Daily Bulletin No. 10709

13 October 2012
ECONOMY - FINANCE - BUSINESS / (ae) economy
Monti urges EU27 to be proactive

Brussels, 12/10/2012 (Agence Europe) - At a round table discussion in Brussels on in October organised by the “Friends of Europe” on “The State of the Union: Escaping the Doldrums,” the Italian prime minister, Mario Monti, said he thought the October EU summit should reach agreement in principle on the common bank supervision mechanism, thus paving the way for it to be formally introduced at the end of the year.

Monti said that introducing the bank supervisory system would be...

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