German plan brings ‘new impetus’ to banking union, Eurogroup says

By |november 8th, 2019|EDIS, Eurogroup, European Deposit Insurance Scheme, News, Olaf Scholz, sovereign debt, sovereign debt backed securities (SBBS)|

Finance ministers on Thursday (7 November) welcomed a German initiative to unblock proposals for a common bank deposit guarantee scheme in the eurozone, but questioned Berlin's request to ask additional capital buffers in return for banks holding sover...

Komentarji so izklopljeni za German plan brings ‘new impetus’ to banking union, Eurogroup says

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 

No agreement on euro budgetary tool- ministers send ‘hot potato’ back to leaders  

By |junij 14th, 2019|Bruno Le Maire, EMU, Eurogroup, European Deposit Insurance Scheme, eurozone budget, News|

EU finance ministers failed to reach an agreement in the early hours of Friday (14 June) on an anti-shock instrument to shield the euro, as they continued to clash over almost every feature on the agenda, including the source of funding.

Komentarji so izklopljeni za No agreement on euro budgetary tool- ministers send ‘hot potato’ back to leaders  

Eurogroup kick off race for ECB chief economist, Ireland’s Lane puts name forward

By |januar 22nd, 2019|budget, ECB, Economic and Monetary union, Eurogroup, European Deposit Insurance Scheme, Eurozone, eurozone budget, Italy, News, top jobs|

Ireland presented Philip Lane’s candidacy as chief economist at the European Central Bank on Monday (21 January), as the Eurogroup opened calls for nominations in a relaxed first session of the year. 

Komentarji so izklopljeni za Eurogroup kick off race for ECB chief economist, Ireland’s Lane puts name forward

Leaders wrap up year-long euro reform with face-saving package

By |december 14th, 2018|Emmanuel Macron, EMU, European Deposit Insurance Scheme, European Stability Mechanism (ESM), Eurozone, eurozone budget, News, Pedro Sanchez|

EU leaders concluded on Friday (14 December) a year-long discussion to bolster the eurozone by approving extra money to resolve failing banks and additional powers for the European Stability Mechanism, the EU’s rescue fund.

Komentarji so izklopljeni za Leaders wrap up year-long euro reform with face-saving package

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 

Germany poses ‘real problem’ when protecting bank savers with European guarantee, says official

By |julij 10th, 2018|Banking union, ESM backstop, Eurogroup, European Deposit Insurance Scheme, News|

A senior EU official said on Tuesday (10 July) that an agreement on a European Deposit Insurance Scheme (EDIS) to protect savers across the bloc would be “very hard” given Berlin’s opposition.

Komentarji so izklopljeni za Germany poses ‘real problem’ when protecting bank savers with European guarantee, says official

Draghi urges countries to complete banking union as risks fall

By |julij 9th, 2018|Banking union, ESM backstop, European Deposit Insurance Scheme, European unemployment insurance scheme, Mario Draghi, News|

European Central Bank President Mario Draghi urged eurozone member states to complete the banking union with a European Deposit Insurance Scheme, noting the “substantial” reduction of risks in the banks’ balance sheets and the benefits of risk-sharing.

Komentarji so izklopljeni za Draghi urges countries to complete banking union as risks fall

EU leaders postpone completion of banking union

By |junij 29th, 2018|Banking union, European Deposit Insurance Scheme, eurozone budget, eurozone summit, News, Pedro Sanchez|

Despite previous promises to achieve results on eurozone reforms in June, EU leaders postponed until December an agreement on the backstop to wind down failing banks and did not include any date for starting discussions on a European deposit guarantee ...

Komentarji so izklopljeni za EU leaders postpone completion of banking union

EU requests more capital to banks to cover for ‘bad loans’

By |marec 14th, 2018|Banking union, European Deposit Insurance Scheme, News, non-performing loans, NPLs|

The European Commission on Wednesday (14 March) proposed new measures requesting banks to raise more capital against loans turning ‘toxic’ and to develop a European market to sell ‘bad loans’ weighing down their books.

Komentarji so izklopljeni za EU requests more capital to banks to cover for ‘bad loans’