United on banking union?

November 11, 2013

Reuters reported over the weekend that Angela Merkel’s Conservatives and the centre-left SPD had agreed that a body attached to European finance ministers, not the European Commission, to decide when to close failing banks.

Stress, stress, stress

October 23, 2013

The European Central Bank will announce the methodology which will underpin the stress tests of about 130 big European banks next year.