Brussels, 29/06/2015 (Agence Europe) - The MEPs tasked with negotiating a compromise on the proposed regulation instituting structural measures for the banking sector will return to the dossier on the sidelines of the plenary session in Strasbourg.
Discussions are scheduled for Monday 6 July between the negotiators and coordinators of the political groups and then, on Thursday 9 July, between the coordinators. On this date, a decision will be made as to what happens next with the work. If a political compromise is within reach, the negotiations will resume with a view to finding common ground to secure a political majority. Technically, a vote in the committee on economic and monetary affairs is possible in mid-July, but is more likely to be held after the summer break.
If the political groups feel that the differences of opinion are still too great, they may decide to change a negotiating team or party.
Although the Council reached a political agreement in principle on the proposed regulation on 20 June (see EUROPE 11339), it transpired that the competent committee of the EP was so divided over the structural reform of the banking sector that it was unable to decide on its position. (Mathieu Bion)