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Image header Agence Europe
Europe Daily Bulletin No. 12381
Contents Publication in full By article 15 / 28
ECONOMY - FINANCE - BUSINESS / Eurogroup

Agreement expected on a new roadmap to complete banking union

Euro area finance ministers will try to reach agreement, on Wednesday 4 December, on two issues aimed at deepening Economic and Monetary Union (EMU), namely the reform of the European Stability Mechanism (ESM) and the relaunch of discussions at political level on the completion of the banking union in the euro area.

In June, the Eurogroup had agreed on the main lines of the ESM reform, which provides for a strengthening of the role of the euro area permanent bailout fund in crisis management...

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