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Europe Daily Bulletin No. 10744

5 December 2012
Contents Publication in full By article 1 / 29
ECONOMY - FINANCE - BUSINESS
(AE) BANKING: Special ECOFIN Council on 12 December

Brussels, 04/12/2012 (Agence Europe) - The ECOFIN Council on Tuesday 4 December did not manage to reach agreement in principle on the draft legislation introducing a eurozone bank supervision mechanism under the aegis of the ECB. The draft Cypriot Presidency compromise set out the areas needing to be ironed out: the division of labour and powers between the ECB and national regulatory authorities; and Supervisory Committee governance and voting rights at the European Banking Authority (EBA)...

Contents

ECONOMY - FINANCE - BUSINESS
INSTITUTIONAL
SECTORAL POLICIES
EXTERNAL ACTION
BUSINESS NEWS NO 42