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Europe Daily Bulletin No. 10751

14 December 2012
ECONOMY - FINANCE - BUSINESS / (ae) banking
Broad agreement on bank supervision system

Brussels, 13/12/2012 (Agence Europe) - In the early hours of Thursday 13 December, the ECOFIN Council reached agreement in principle on the introduction by March 2014 of a eurozone bank supervision system under the aegis of the ECB for the 6,000 or so banks in the eurozone (see EUROPE 10750). The supervision will operate in varying ways and be done by the ECB itself for the biggest 150 to 200 banks and those in receipt of public aid from eurozone bailout funds, with remaining banks...

Contents

EUROPEAN COUNCIL
ECONOMY - FINANCE - BUSINESS
INSTITUTIONAL
SECTORAL POLICIES
SOCIAL AFFAIRS
EUROPEAN PARLIAMENT PLENARY
EXTERNAL ACTION
COURT OF JUSTICE OF THE EU