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Jan 24, 2025
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Austrian bank in Romania: More trusted because of ECB supervision? (Photo: Valentina Pop)

Non-euro countries raise concerns on banking union

by Valentina Pop, Brussels, September 11, 2012, 7:29:50 AM
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Plans for stronger banking supervision in the eurozone are putting non-euro members in a difficult position: they want the euro-crisis to end, but they do not want to endorse a two-speed Europe.

EU ambassadors from Bulgaria, the Czech Republic, Denmark, Hungary, Latvia, Lithuania, Poland, Romania, Sweden and the UK met on Monday evening (10 September) in Brussels to share concerns regarding the European Commission's banking union plans to be unveiled on Wednesday.

Giving the Euro...

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Austrian bank in Romania: More trusted because of ECB supervision? (Photo: Valentina Pop)

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