News In Brief

Ticker

German panel warns against 'hasty' banking union

07.11.12 @ 15:04

  1. By EUOBSERVER

BERLIN - Plans for a eurozone banking union are "no solution" for current euro-problem and should not be "rushed," a panel of economic advisers to the German government said Wednesday. Instead, they propose a phase-in process, with banking supervision established "outside" the European Central Bank and banks "qualifying" for the new system.

COMMENTS

EUobserver encourages comments that contribute to an intelligent debate. It reserves the right to delete comments which it deems abusive or which incite hatred. For questions about any aspect of community participation, please write to mm@euobserver.com.

View comments