Negotiators from the European Parliament and the Romanian Presidency of the Council of the EU failed to reach an agreement on Tuesday evening, 12 March, on the reform of the European financial supervision architecture (see EUROPE B11864A1).
"Unfortunately, after ten hours of marathon negotiations with Member States, no political agreement on the reform of European financial market supervision, which I am negotiating with Pervenche Berès for the European Parliament, is yet possible",...