Brussels, 17/12/2012 (Agence Europe) - Rapid implementation of the bank supervision mechanism (BSM) is important, but it is more important to do it well, said Mario Draghi, the president of the European Central Bank (ECB), on Monday 17 December in a hearing at the European Parliament's Economic and Monetary Affairs Committee.
Draghi welcomed the unanimous agreement last week on BSM, saying that once the regulation comes into force, the ECB would have a year to get it up and running - in...