The President of the Eurogroup, Paschal Donohoe, presented to the enlarged Eurogroup on Monday 14 March his approach that would allow the completion of the banking union in the euro area, notably through the establishment of a European Deposit Insurance Scheme (EDIS).
“Our discussions got into the substance of a work plan that [euro area leaders] have asked us to deliver. I put forward a phased approach with four work streams and I am happy to report that overall my colleagues confirmed...