Contradicting messages are emitted from a statement issued yesterday by the lead MEPs currently negotiating the details of the legislation on the Single Resolution Mechanism and Fund for Eurozone banks with the ECOFIN council. This legislation is set to complete the legal and structural background of the European Banking Union. The other pillar of the […]168 hours left for MEPs – ECOFIN Council to deliver a Banking Union
March 13, 2014 by Leave a Comment
Contradicting messages are emitted from a statement issued yesterday by the lead MEPs currently negotiating the details of the legislation on the Single Resolution Mechanism and Fund for Eurozone banks with the ECOFIN council. This legislation is set to complete the legal and structural background of the European Banking Union. The other pillar of the […]De Gucht: More gaffes with the talks on the EU-US free trade agreement
March 3, 2014 by Leave a Comment
European Commissioner Karel de Gucht, responsible for Trade, speaking after the informal Athens meeting of the EU Foreign Affairs Council (Trade), attended by the 28 Foreign Trade ministers, failed to accurately report the Council’s opinion on the Transatlantic Trade and Investment Partnership (TTIP) that is the free trade agreement currently under negotiation between the Union […]The historic accomplishment of a seamless EU patent and intellectual property space
February 6, 2014 by 3 Comments
The last building block was laid to its place yesterday, accomplishing the construction of the seamless EU commercial patent and intellectual property protection space and the function of the Unified Court. The relevant regulations will be in force as from 15 January 2015. It has to be reminded that in December 2012, an agreement was […]A new proposal breaks the stalemate over the Banking Union
January 29, 2014 by Leave a Comment
According to the European Commissioner Michel Barnier, the Eurozone member states, who participate in the Eurogoup and the ECOFIN councils are ready to soften their position in the negotiations with the European Parliament, to lift the deadlock over the creation of the Banking Union. This is a step forward in resolving the stalemate around the […]ECOFIN: Choosing between the re-unification of Eurozone and a stalemate
January 27, 2014 by Leave a Comment
Tomorrow’s Economic and Finance Ministers Council (ECOFIN) set to be convened in Brussels, the first under the Greek Presidency, will have the crucial task to decide on the construction of the European Banking Union. In view of that, the European Parliament sent a letter to the Greek Presidency of the Council, rejecting both the legal […]The Parliament defies a politically biased Banking Union
January 11, 2014 by Leave a Comment
The European Parliament prepares for the fight which is about to begin with the Council, over the negotiations on the creation of the Single Resolution Mechanism and Fund to deal with failing banks. This will be the last step towards the completion of the European Banking Union, the major EU project after the introduction of […]
