EU Parliament: The surplus countries must support growth

During the last two days the European Parliament intervened very actively, not only in the economic and budgetary policies of EU proper, but also in the way the 28 member states are formulating their fundamental financial choices, while drafting the 2014 government budgets. For one thing, this morning the plenary House is debating and presumably […]

The Parliament paves the way for the creation of the European Banking Union

Today, 18 October, is the last day for MEPs to table their amendments with the Parliament’s Economic and Monetary Committee, in the process of formulating the legislature’s proposal for an EU mechanism to sort out troubled banks. This is the much debated bank resolution and recovery mechanism and fund. The Committee vote is planned for […]