login
login

Europe Daily Bulletin No. 11457

19 December 2015
EUROPEAN COUNCIL / (ae) emu
Germany, isolated, reluctant to complete banking union

Brussels, 18/12/2015 (Agence Europe) - The German Chancellor, Angela Merkel, was a lone voice in criticising the proposed regulation to bring in a European deposit insurance scheme (EDIS), the third pillar of banking union in the eurozone, at the European Council of Friday 18 December.

We have been clear since day one: we cannot support this proposal, Merkel told a debate on the deepening of economic and monetary union (EMU), according to reports. She expressed her “misgivings” about...

Contents

EUROPEAN COUNCIL
SECTORAL POLICIES
EXTERNAL ACTION
ECONOMY - FINANCE - BUSINESS
COURT OF JUSTICE OF THE EU
NEWS BRIEFS