On Monday 11 March, MEPs on the Committee on Economic and Monetary Affairs (ECON) could finalise their negotiating position on the ‘CMDI’ legislative package designed to strengthen the management of a banking crisis within the European Union. But it was not absolutely certain that a vote would be held in the ECON Committee on Friday 8 March.
The main objective of the legislative initiative is to extend the scope of bank resolution to medium-sized banks by mobilising national deposit...