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Stronger Banking Union, financial stability and sustained banks’ lending

EU INSTITUTIONS Theodoros Benakis -
Parliament has adopted, on Thursday, new EU rules for standard minimum coverage of bad loans. Measures to mitigate the risk of possible, future, non-performing loans...

Sofia sets eyes on euro

BULGARIA Theodoros Benakis -
Bulgaria’s Finance Minister Vladislav Goranov announced on January 28 that his country is on track to join the euro zone. He said the country...

MEPs spell out priorities for the European Central Bank and on banking union

EU INSTITUTIONS Theodoros Benakis -
MEPs on Wednesday January 16 set out their priorities for the European Central Bank’s actions in the coming year and those for moving ahead...

Banking package: Parliament and Council reach an agreement

EU INSTITUTIONS Theodoros Benakis -
The Parliament and the Council negotiators took a major step towards reducing risks in the banking system and building the Banking Union. On Tuesday, two...

Udo Bullmann: Further progress needed on Eurozone reform

EU INSTITUTIONS Theodoros Benakis -
Following the conclusion of the Eurogroup this morning on the reform of the European Monetary Union, S&D Group president Udo Bullmann stated: “The agreement reached...
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