ECONOMY - FINANCE - BUSINESS / Banks

‘risk reduction’ package, Member States support key elements of inter-institutional compromise

Brussels, 30/11/2018 (Agence Europe)

Member States' ambassadors to the European Union (Coreper) expressed their support on Friday 30 November for the key elements of the legislative package to reduce risks in the banking sector as negotiated with the European Parliament (see EUROPE 12144). 

The Austrian Presidency of the EU Council noted support of "90% of the banking package ", a European source said. 

Supporting the compromises reached at the last trilogue negotiating sessions with the Parliament is all the easier for...