EU leaders call for quick establishment of SRM

Xinhua, 18.12.2012

Quote

Link to original article


Two EU leaders on Monday called for quick establishment of single resolution mechanism (SRM) as the next step of the European Banking Union.

European Council President Herman Van Rompuy reiterated achievements of the EU in the past week, including proposals on single supervisory mechanism (SSM), the Eurogroup's decision on Greece, as well as European Council's conclusion on completing economic and monetary union (EMU). […]

Though both leaders claimed the past EU summit a fruitful one, analysts doubt its result and describe it as a disappointing one.

Janis Emmanouilidis, senior policy analyst with European Policy Center, a top think-tank in Brussels, pointed out in a report that the Council failed to live up to the expectations raised and the objectives set earlier in the year.

"The EU 27 rather gave the impression that they could take advantage of the relative calm in the markets and take a breather," said Emmanouilidis.

"The eurozone is still far away from reaching the comfort zone and that complacency could undermine the regained confidence in the euro and the future of the EU," he warned.

For the original article see here.


Latest media contributions

Ursula von der Leyen: Erste Rede zur Lage der Union
Interview, WDR 5 (German radio), 16.09.2020

"Eine Gesundheitsunion ist ein sehr ambitioniertes Ziel"
Interview, rbb (German radio), 16.09.2020

Ein ganz anderes Europa
Interview, tagesschau.de, 15.09.2020

Comment l'Europe tente de mettre fin au bazar des avis de voyage
Quotes, La Libre Belgique, 04.09.2020

EPC Update – analysis of ongoing COVID19 situation and state of affairs regarding Brexit
Online Briefing, YouTube, 04.09.2020

Les Etats-Unis d’Europe, un rêve encore lointain
Quotes, Capital (FR), 22.07.2020

Angela Merkel Guides the E.U. to a Deal, However Imperfect
Quotes, The New York Times, 21.07.2020

Charles Michel a trouvé la bonne méthode : "Le succès du Conseil européen, c’est aussi le sien"
Quotes, La Libre Belgique, 21.07.2020

EPC Update – analysis of ongoing negotiations on MFF & Recovery Package
Online Briefing, YouTube, 20.07.2020

Erste Einigung bei Milliardenzuschüssen
Quotes, ORF, 20.07.2020


Media