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Europe Daily Bulletin No. 10742

1 December 2012
ECONOMY - FINANCE - BUSINESS / (ae) ecofin
Ministers will try to reach agreement on bank supervision

Brussels, 30/11/2012 (Agence Europe) - If they are to meet the deadline set by the European Summit, EU27 finance ministers will have to reach agreement in principle on 4 December on the legislation introducing a eurozone bank supervision system under the aegis of the ECB, but the outcome of the negotiations is uncertain, although agreement on the legislation known as the two-pack to fine-tune the Stability and Growth Pact is more likely. The CRD IV package of draft new rules to boost bank...

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