Brussels, 16/09/2013 (Agence Europe) - On Monday 16 September, EU Internal Market Commissioner Michel Barnier urged MEPs to act fast to boost the solidity of the financial sector.
Back from the Ecofin Council in Vilnius (see separate article), the commissioner stressed the importance of rapid progress on banking union by adopting the legislation to set up a single bank resolution mechanism (SRM) and harmonise national bank resolution rules (the BRRD Directive). Nobody disagreed in Vilnius...