Brussels, 18/02/2016 (Agence Europe) - The European Commission communication on the banking sector which was presented in 2013 with the aim of amending the rules applying to banks in the context of the financial crisis (see EUROPE 10886) has no binding effect on member states and its provisions on burden-sharing are compatible with EU law.
That was the opinion delivered by Advocate General Nils Wahl to the Court of Justice of the EU on Thursday 18 February in a case (C-526/14) involving aid...