On Thursday 11 June, the Eurogroup decided to relaunch the experts’ work on the completion of the euro area banking union and planned to meet again in the autumn to take stock of the situation.
“The work on the banking union must continue. Efforts on this file were halted due to the immediate response to the Covid-19 crisis”, said its outgoing president, Mário Centeno.
In January, ministers noted the continuing deadlock, both on drawing up a roadmap for the completion of the banking...