Brussels, 08/02/2013 (Agence Europe) - The withdrawal of five banks from the panel of experts that draws up the Euribor benchmark is a matter of concern to the ECB and the European Commission, so much so that the latter is considering making it compulsory in legislation to be unveiled in the second half of the year for banks to send representatives to the Euribor panel.
On Friday 8 February 2013, EU Internal Market Commissioner Michel Barnier said: “The Commission is therefore following...