ECONOMY - FINANCE - BUSINESS / (ae) banks

Encouraging non-eurozone countries to join banking union (Nouy)

Brussels, 27/04/2015 (Agence Europe) - The President of the Single Supervision Committee within the ECB, Danièle Nouy, argued in favour of the creation of “incentives” to expand banking union to non-eurozone countries, at a conference on financial integration and stability in Europe on Monday 27 April.

“With regard to the scope of the SSM, owing to the increasing amount of cross-border activity within the internal market, limiting the SSM to the supervision of euro area banks clearly...