Warm welcome for banking union plans
Warm welcome for banking union plans European Voice By Ian Wishart 7/3/13, 7:12 PM CET Updated 4/13/14, 1:33 AM CET European Union leaders reiterated that their “key priority” was to complete a banking union, and they welcomed an agreement by finance ministers in the early hours of 27 June on EU-wide rules for rescuing failing banks. The legislation will force countries to ask the European Commission for permission if they want to use national resolution…