On Monday 6 November, the European finance ministers discussed the finalisation of Banking Union and the creation of a fiscal capacity for the Eurozone, both of which are key elements in the deepening of the Economic and Monetary Union (EMU), an agenda item at the Eurozone Summit to be held in mid-December.
On Banking Union, the question is what still needs to be done in terms of reducing financial risks and how this work will click into the next stage, that of risk-pooling, said the...