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Europe Daily Bulletin No. 10759

9 January 2013
ECONOMY - FINANCE - BUSINESS / (ae) banking
Cooperative banks say good supervision is impossible without good data

Brussels, 08/01/2013 (Agence Europe) - European cooperative banks back the idea of Banking Union, whose first arm, the creation of a eurozone bank supervision mechanism under the aegis of the European Central Bank (ECB), will be the subject of tough talks between the European Parliament and the EU Council of Ministers in the first quarter of 2013 (see EUROPE 10751). Aware that most of them will continue to be supervised at national level, cooperative banks will be keeping a close eye on the...