28/05/2015 (Agence Europe) - Hill ready to help European Parliament find agreement on structural reform. Responding to the recent rejection by the European Parliament's economic and monetary affairs (ECON) committee of Hökmark's draft report on reforming the structure of large European banks (see EUROPE 11322), European Commissioner for Financial Stability, Financial Services and Capital Markets Union Jonathan Hill said on Thursday 28 May that “very good progress” had been made to strike “a sensible balance” between reducing the risks posed by banks that are “too big to fail” and enabling them to finance the wider economy. “I very much hope that the ECON committee will be able to find a way to resolve the last remaining differences. The Commission will continue to help in that process”, Hill stated, saying that he was “keen” to move the issue forward again. (Mathieu Bion)