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Abandoned construction work on Anglo-Irish bank HQ (Photo: infomatique)

Analysis

EU bank resolution, Schleswig-Holstein, and how to make sense of it

“Only three people ... ever really understood the Schleswig-Holstein business - the Prince Consort, who is dead, a German professor, who has gone mad, and I, who have forgotten all about it."

At least, that is what the then British Prime Minister Lord Palmerston is reported to have said on the fate of two duchies fought over by Denmark and Germany in the mid-19th century.

He could have been talking about the EU's banking union.

The deal between finance ministers brokered lat...

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Author Bio

Benjamin Fox is a seasoned reporter and editor, previously working for fellow Brussels publication Euractiv. His reporting has also been published in the Guardian, the East African, Euractiv, Private Eye and Africa Confidential, among others. He heads up the AU-EU section at EUobserver, based in Nairobi, Kenya.

Abandoned construction work on Anglo-Irish bank HQ (Photo: infomatique)

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Author Bio

Benjamin Fox is a seasoned reporter and editor, previously working for fellow Brussels publication Euractiv. His reporting has also been published in the Guardian, the East African, Euractiv, Private Eye and Africa Confidential, among others. He heads up the AU-EU section at EUobserver, based in Nairobi, Kenya.

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