Brussels, 18/11/2013 (Agence Europe) - On Friday 15 November, European finance ministers quickly realised that discussions on the single banking resolution mechanism were not going to come to fruition, as no member state was willing to change its stance.
Despite the “popular stereotypes” showing a “polarisation” of national positions, particularly on the scope of application or decision-making within the resolution committee, “there is room for compromise in any case”, was the...