Meeting in an enlarged format, euro area finance ministers should be able to agree, “in the first half of next year”, on a work plan to complete the euro area Banking Union, according to the Eurogroup President, Paschal Donohoe, in his letter dated Friday 10 December to the leaders of the euro area countries, who will meet on the sidelines of the EU summit on Thursday 16 December.
“My aim and determination is to reach an agreement on a work plan in the first half of next year. During...