Brussels, 25/10/2013 (Agence Europe) - If it were possible to conclude only one issue before the end of the current European Parliament, that issue would be banking union in the eurozone, and European leaders have stressed the importance of concluding the draft legislation on a bank resolution mechanism by March 2014.
This will require formal inter-institutional agreement by the end of 2013 on the BRRD directive harmonising national bank resolution schemes and member states' savings...