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Image header Agence Europe
Europe Daily Bulletin No. 11828
Contents Publication in full By article 19 / 29
ECONOMY - FINANCE - BUSINESS / Banks

Banking resolution rules work but could be better, says Koenig

The chair of the Single Resolution Board (SRB), Elke Koenig, said on Tuesday 11 July that the European rules in force on the resolution of a failing bank had passed their first tests in Spain and Italy, but that there was still room for them to be improved.

While the first resolution decision – Banco Popular – has proven the effectiveness of the EU resolution framework, we also identified some areas for improvement”, Koenig told a public hearing at the European Parliament. The bank...

Contents

SECTORAL POLICIES
CUSTOMS: EU intends to cut off financing of terrorism from trafficking in cultural goods
JUSTICE: Rozière's own-initiative report on protection of whistleblowers gets warm welcome
MIGRATION: Member states examine how they can help Italy tackle influx of migrants
FISHERIES: Parliament committee agrees compromise on North Sea cod plan
FISHERIES: Management plans are main priority of Estonian Presidency
REGIONS: Karl-Heinz Lambertz elected head of Committee of the Regions
ETS: European Parliament and Council negotiators on post-2020 ETS reform to meet on 13 September
ENVIRONMENT: European Parliament committee approves inter-institutional agreement on review of RoHS 2 Directive
FOOD SAFETY: EFSA says raw or undercooked pork is main cause of hepatitis E infection in EU
TRANSPORT: MEPs call on Commission to provide clarification about aviation safety equipment certification
ENERGY: EU and Japan sign LNG memorandum of cooperation
ENERGY: IEA says energy investment declined globally in 2016 but clean energies reached 43% market share
ENERGY: Energy security and southern gas corridor at heart of Šefčovič visit to Georgia
INSTITUTIONAL
UNITED KINGDOM: Barnier waiting for London finally to adopt positions on priority issues
BUDGET: Council reaches position on 2018 budget
EEAS: European External Action Service amends its policy on trainees
ECONOMY - FINANCE - BUSINESS
GREECE: Commission proposes to end excessive deficit proceedings
FRANCE: Moscovici approves of presentation of budgetary trajectory aiming to respect commitments made
BANKS: Banking resolution rules work but could be better, says Koenig
ECONOMY: Banking union, Capital Markets Union, fair taxation and EMU on Estonian Presidency's agenda
MONEY LAUNDERING: Berlin and Dublin give their reasons for rejecting transparency of trusts
EXTERNAL ACTION
RUSSIA: Mogherini and Lavrov agree to strengthen their cooperation on foreign policy
IRAN: Mogherini says EU trade and investment will continue
CSDP: House of Lords says there is 'little reason' to renew Eunavfor Med Sophia operation
SOCIAL AFFAIRS
SOCIAL: Member states will decide position on inter-institutional proclamation for pillar of social rights at end of October
NEWS BRIEFS
BIODIVERSITY: EU extends European list of invasive alien species requiring action
ENERGY: Greater cooperation on energy efficiency between EU and Eastern Partnership countries
EDUCATION: European Parliament culture committee wants to increase resources for Erasmus +
JHA: MEP support inter-institutional compromise on entry/exit system