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Europe Daily Bulletin No. 10746

7 December 2012
ECONOMY - FINANCE / (ae) ecb
Draghi wants solid legal basis for bank supervision

Brussels, 06/12/2012 (Agence Europe) - On Thursday 6 December, the president of the European Central Bank, Mario Draghi, asked the European legislator to give a sound legal basis to the new eurozone bank supervision system under the aegis of the ECB. At what will be their last meeting in 2012, the ECB Governing Council decided to keep euro interest rates unchanged.

Draghi said it was not for the ECB to choose the best legal basis for the new scheme, but leading lawyers say that Article...

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