No progress on reform of eurozone bailout fund until March

By |januar 16th, 2020|Banking union, ESM, Eurozone, News|

Reform of the eurozone bailout fund will remain frozen until at least March, a senior official said on Wednesday (15 January), as governments are still divided over technical details on bond restructuring.

Komentarji so izklopljeni za No progress on reform of eurozone bailout fund until March

Eurogroup fails to move forward on eurozone reform

By |december 5th, 2019|Banking union, Economic and Monetary union, ESM, Eurogroup, Italy, Klaus Regling, Mário Centeno, News, Paolo Gentiloni|

EU finance ministers failed to reach an agreement on Wednesday (4 December) on the reform of the EU's bailout fund and move to political discussions on the European Deposit Insurance Scheme ahead of the Euro summit next week.

Komentarji so izklopljeni za Eurogroup fails to move forward on eurozone reform

Ministers set to advance Eurozone reform amid political turmoil in Italy and Germany

By |december 4th, 2019|Banking union, BICC, EDIS, ESM, Eurogroup, eurozone budget, Germany, Italy, News|

EU ministers gather Wednesday (4 December) in a bid to chart progress on the Eurozone reform ahead of the EU Council summit next week. However, recent political developments in Rome and Berlin may hinder talks on the matter.

Komentarji so izklopljeni za Ministers set to advance Eurozone reform amid political turmoil in Italy and Germany

Scholz’s proposal to complete EU banking union greeted with cautious optimism 

By |november 7th, 2019|Banking union, EDIS, European Deposit Insurance Scheme, News, Olaf Scholz|

European decision makers welcomed on Wednesday (6 November) German finance minister Olaf Scholz’s attempt to unlock the European Deposit Insurance Scheme (EDIS) proposal, but warned of the long process still ahead to reach an agreement.

Komentarji so izklopljeni za Scholz’s proposal to complete EU banking union greeted with cautious optimism 

EU lawmakers agree on a backstop for non-performing loans

By |december 18th, 2018|Austrian EU Presidency, Banking union, EMU, European Parliament, News, non-performing loans, Valdis Dombrovskis|

European banks will have to foresee a "prudential backstop" to cover for potential non-performing loans (NPLs), the European Parliament and the Council agreed on Tuesday (18 December).

Komentarji so izklopljeni za EU lawmakers agree on a backstop for non-performing loans

Europe speeds up plans for no-deal scenario as Brexit chaos grows

By |december 12th, 2018|Banking union, Brexit, Economic and Monetary union, European Council, Eurozone, MFF, News, Theresa May, UK|

EU leaders will discuss late on Thursday (13 December) how to address the UK's concerns about its withdrawal agreement from the EU, but discussions on contingency plans are gathering pace as the chances of an orderly divorce continue to wane.

Komentarji so izklopljeni za Europe speeds up plans for no-deal scenario as Brexit chaos grows

EU reaches limited agreement to bolster economic and monetary union 

By |december 4th, 2018|Banking union, Ecofin, Eurogroup, European Deposit Insurance Scheme, European Stability Mechanism (ESM), eurozone budget, Hanseatic League, News|

EU finance ministers concluded a deal on Tuesday (4 December) to bolster the region with new tools to save ailing banks and member states but postponed Europe-wide instruments to protect depositors or stabilise national economies.

Komentarji so izklopljeni za EU reaches limited agreement to bolster economic and monetary union 

ECB to assess six Bulgarian banks as step towards Banking Union membership

By |november 13th, 2018|Banking union, Bulgaria, ECB, ERM-2, Eurozone, News|

European Central Bank (ECB) will conduct a comprehensive assessment of six Bulgarian banks as part of the Balkan country's bid to join the European Union's banking union, Bulgaria's central bank said on Monday (12 November).

Komentarji so izklopljeni za ECB to assess six Bulgarian banks as step towards Banking Union membership

Greek banks’ foul play suspected in Bulgaria

By |november 8th, 2018|Banking union, Bulgaria, corruption, Greek bailout, Greek crisis, News|

A Greek bank bought the Bulgarian subsidiary of another Greek bank on Wednesday (7 November). The deal seems totally at odds with the terms of Greece’s bailout deal, but not only that.

Komentarji so izklopljeni za Greek banks’ foul play suspected in Bulgaria

Italy’s ‘unprecedented’ breach of fiscal rules clouds euro summit

By |oktober 18th, 2018|Banking union, budget, Capital Markets Union, ESM, Eurozone, Giuseppe Conte, Italy, News, stability and growth pact|

Euro-area leaders agreed on Thursday (18 October) to accelerate the work to bolster the monetary union as the European Commission questioned half a dozen member states’ efforts to balance their public accounts, particularly Italy.

Komentarji so izklopljeni za Italy’s ‘unprecedented’ breach of fiscal rules clouds euro summit