On Monday 4 December, the MEPs of the committee on economic and monetary affairs (ECON) of the European Parliament approved, by a considerable majority (31 votes to 9 with no abstentions), the recent proposal of the European Commission to extend by five years the mandate of the Chair of the Single Resolution Board (SRB), Elke König of Germany, who was appointed to this post in 2014 for an initial period of three years (see EUROPE 11915).
König, who was heard by the MEPs just before the...