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Image header Agence Europe
Europe Daily Bulletin No. 13367
ECONOMY - FINANCE - BUSINESS / Banks

MEPs fine-tune their position on ‘CMDI’ proposal to strengthen management of a banking crisis

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...

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