BRUSSELS, 06-1-2015 — /EuropaWire/ — On 1 January 2015 Lithuania became the 19th member state of the euro area, with euro coins and banknotes entering circulation on the same day. The country joined a number of euro area institutions and euro-related … Read the full press release
Posted in Belgium, European Union, Financial, Lithuania
Tagged banking union, Donald Tusk, euro area, Euro Summit, European Central Bank, European Stability Mechanism, Eurosystem, Lithuania
The Eurogroup reviewed the reforms and fiscal adjustments in some member states receiving financial assistance. The road ahead for banking union completion was discussed. Eurogroup reviews progress in Ireland, Spain, Portugal and Greece Brussels, Belgium, 16-10-2013 — /EuropaWire/ — Ireland and … Read the full press release
Posted in Banks, Belgium, Economy, European Union, Financial, Government, Greece, Ireland, Portugal, Spain
Tagged banking union, ESM, Eurogroup, European Financial Stability Facility, financial sector reform, fiscal adjustments
12-7-2013 — /europawire.eu/ — The European Commission has today proposed a Single Resolution Mechanism (SRM) for the Banking Union. The mechanism would complement the Single Supervisory Mechanism (SSM) (IP/12/953) which, once operational in late 2014, will see the European Central Bank … Read the full press release
Posted in Banks, Belgium, Business, European Union, Financial, Government
Tagged banking union, EU, Single Resolution Mechanism. SRM, The European Commission
29-4-2013 — /europawire.eu/ — An improvement in financial market integration was observed in the second half of 2012, after a further deterioration in the first half of the year caused by adverse market sentiment, worsened fiscal conditions and bank fragility in … Read the full press release
Posted in Banks, Business, Economy, European Union, Financial, Government, Investment, Politics
Tagged adverse market sentiment, bank fragility, banking credit, banking union, ECB, equity, euro area financial markets, Financial integration in Europe, financial market, improved financial market, OMT, Outright Monetary Transactions, redenomination risk, worsened fiscal conditions
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