Meeting in an enlarged format in Luxembourg on Thursday 16 June, EU finance ministers failed to adopt a comprehensive work programme to complete the banking union in the euro area by 2030.
They decided to move forward on the ‘financial crisis management’ aspect, whereas the draft work programme submitted to them at the beginning of May by Eurogroup President Paschal Donohoe provided for three others: bank deposit guarantee schemes, deepening of the internal banking market (home/host...