25 EU countries backed the compromise drawn up by the Irish Presidency of the EU Council on Friday 9 October in Luxembourg. The ‘MISP’ legislative package aims to reform European financial market infrastructure and supervision (see EUROPE B13953A25). Belgium alone chose to abstain.
For the 26 Member States – including the Presidency – that backed the compromise, despite sometimes substantial reservations, an imperfect agreement is better than no agreement at all if the aim is to...