login
login

Europe Daily Bulletin No. 11290

9 April 2015
ECONOMY - FINANCE - BUSINESS / (ae) banking
Latvian Presidency eases bank reform plans

Brussels, 08/04/2015 (Agence Europe) - At the end of March, the Latvian Presidency of the Council of the EU unveiled a draft compromise summarising member states' views on the controversial plans to reform the banking sector (see EUROPE 11287).

Despite reservations expressed by a number of countries, the Latvian Presidency decided to maintain the scope of the European Commission's initial proposal, along with clarifications, in line with the preferences expressed by a majority of non-EU...