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Europe Daily Bulletin No. 10988

20 December 2013
EUROPEAN COUNCIL / (ae) economy
Schulz banking union and contractual arrangements offensive

Brussels, 19/12/2013 (Agence Europe) - The European Parliament wants the role of decision making on resolving bank problems to be for the Commission (and not for “opaque committees”) and for the Community method to be the legal basis of banking union, especially for resolution funds. “We reject the idea of a new intergovernmental agreement”, President of the European Parliament Martin Schulz stated on Thursday 19 December.

The agreement of the Ecofin Council on banking union is...

Contents

EUROPEAN COUNCIL
ECONOMY - FINANCE - BUSINESS
SECTORAL POLICIES
EXTERNAL ACTION
COURT OF JUSTICE OF THE EU
BUSINESS NEWS NO 86