Brussels, 17/01/2014 (Agence Europe) - Germany's Martin Schulz, the president of the European Parliament, promises that Parliamen will do all in its power as co-legislator to ensure that the bank resolution mechanism being developed at EU level is the only such mechanism.
The plans adopted by the Council of ministers are dangerous, he said, because they grant the power to decide how a failing bank will be wound up to the member states, potentially paving the way for political interference,...