Friday

26th Aug 2016

Ticker

Ministers' plan 'endangers' bank resolution regime, say MEPs

A new system to wind up failed banks would be weakened by the blueprint agreed by EU finance ministers in December, MEPs say. As negotiations began Thursday, the EP's negotiating team said the credibility and efficiency of bank resolution would be "endangered" by the plan, which includes an intergovernmental agreement.

News in Brief

  1. Hungary plans to reinforce border fence against migrants
  2. France's highest court suspends burkini ban
  3. Greeks paid €1bn more in taxes in June
  4. Greek minister denounces EU letter on former statistics chief
  5. Turks seeking asylum in Greece may cause diplomatic row
  6. Merkel becomes digital resident of Estonia
  7. Report: VW will compensate US dealers with €1bln
  8. EU mulls making Google pay news media for content

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