Mandated at the end of 2020 by the Euro Summit(see EUROPE B12621A3), the Eurogroup has not achieved the objective of adopting - in the first half of 2021 - a comprehensive and ambitious work programme aimed at completing the banking union in the euro area, in particular by setting up a European Deposit Insurance Scheme (EDIS).
This observation, made last week at the meeting of euro area finance ministers (see EUROPE B12743A8), is due, inter alia, to the proximity of the German parliamentary...