Separator
Nov
29
Separator Separator Separator Separator
Languages: EN | NL

EU leaders agree on legislative framework for eurozone bank supervision

Thursday 13 December 2012
Brussels, Belgium

Published: 19 Oct 2012 | By Maja Micudova and 2 others | Last updated: 13 Dec 2012
Bookmark
Remind me
Add to my calendar
Track changes
Download this event
Twitter Linkedin Facebook Google Plus
Share
EU leaders agree on legislative framework for eurozone bank supervision -
Euro sign
flickr-|| UggBoy♥UggG...

The European Union (EU) member states leaders agree upon a legislative framework for a single supervisory body for eurozone banks. 

The supervisory responsibility will be given to the European Central Bank (ECB), which will have the power to intervene in any bank within the eurozone.


Germany has been, however, at odds with the European Commission over the scope of the ECB supervision, demanding that only the biggest "systemic" banks should be under direct supervision. Other banks should be according to German Chancellor Angela Merkel supervised "indirectly, via national authorities". 


With the new powers, which will be strictly separated from the bank's role in setting monetary policy, the ECB will be able to intervene early and prevent thus dangerous accumulation of debt on eurozone banks' balance sheets. 


The move to bring banks under bloc-wide supervision was agreed upon at the October European Summit, which, however, failed to pin down the exact date of the implementation of full banking union. 


As German Chancellor Angela Merkel said, the EU needs "quality before speed" and a watchdog "worthy of the name". 


The European Stability Mechanism (ESM), designed to directly inject capital into troubled eurozone banks, will be able to recapitalize struggling lenders only after the new supervisory arrangements are in place.

Links
View the Press Release
Calendars with this event
About this event
Created by Maja MicudovaCreated by Maja Micudova
on Fri 19 Oct 2012
Last modified by Mohammed Sheriff
on Thu 13 Dec 2012

Edit event

Location: Brussels, Belgium
Date: Thursday 13 December 2012
Duration: 1 day
Planning: confirmed
Ended: 715 days ago

Who can report on this story?

Arrange a local correspondent on air in minutes:

Charlotte McDonald-Gibson

Charlotte McDonald-Gibson

Senior Brussels correspondent

Location: Brussels, Belgium

Language: English

Charlotte McDonald-Gibson covers the European Union, the Eurozone debt crisis, NATO, and central and northern Europe for The Ind... moreCharlotte McDonald-Gibson covers the European Union, the Eurozone debt crisis, NATO, and central and northern Europe for The Independent and others. She has 10 years experience of foreign reporting, including postings in Afghanistan, Pakistan and Thailand.

Contact Charlotte McDonald-Gibson
Nicolai Hartvig

Nicolai Hartvig

Senior Brussels correspondent

Location: Brussels, Belgium

Language: English and French

Nicolai Hartvig is a multimedia freelance journalist - and a regular arts and culture contributor to the International Herald Tr... moreNicolai Hartvig is a multimedia freelance journalist - and a regular arts and culture contributor to the International Herald Tribune - The Global Edition of the New York Times. I also cover NATO and European Union foreign policy, internal and external affairs for media including France24. A former editor with the Associated Press, he has written for CNN.com, Monocle, Travel + Leisure and various other national and international media. Most recently he was editor-in-chief of ARTINFO France and European correspondent for the leading American art magazines Art+Auction and Modern Painters. Nicolai has reported from Beirut, Seoul, Berlin, Doha, Marrakesh, Paris, Hong Kong, Vienna, Glasgow, Brussels, and Denmark. He has covered current affairs, diplomacy, technology and environmental stories, with experience across print, TV, photo/videography and radio - and is currently open to new professional opportunities.

Contact Nicolai Hartvig
Allan Hall

Allan Hall

Senior Western Europe correspondent

Location: Berlin, Germany

Language: English

Allan Hall is a foreign correspondent based in Berlin working for various publications around the world, including the Daily Mai... moreAllan Hall is a foreign correspondent based in Berlin working for various publications around the world, including the Daily Mail in London, the Age in Melbourne, Australia, the Scotsman in Edinburgh and the New York Post in the USA. Formerly the bureau chief for Britain's biggest-selling newspapers - the Sun and then the Daily Mirror - in New York, he has been based in Germany, covering central Europe, for the past decade. He is also the author of twenty books on crime and history.

Contact Allan Hall

Upcoming

 
 
 
 
 
This is a repeating event




You are about to delete this event.
Are you sure?


You are about to add an event without a confirmed date


You need to be logged in to edit this event. Please sign up or log in here.


Only the event creator can add subevents to this event.

You are about to remove calendar "this calendar" from this event.
Are you sure ?


You must be the original creator or an admin to delete this event

Only editors can add events on this calendar.

Become an editor

Let a friend know about this event.

Email
Subject:
Message:
Hey, check out on Zapaday! Greetings,
Let your friends know about this venue.

Email
Subject:
Message:
What's wrong with this comment?

You are trying to promote the EU leaders agree on legislative framework for eurozone bank supervision event to a moderated calendar. All new events for this calendar first have to be reviewed by the current editor's.

Do you want to promote the EU leaders agree on legislative framework for eurozone bank supervision event to the calendar?



Thanks for helping to keep Zapaday up-to-date.

It may take one or two minutes before planning changes become visible.


Do not show this again
Only editors can add events to this calendar.

Become an editor

Error in form


The calendar you're trying to add has already been added to this event.

This is not a valid number


Please add the following required information:
Check the highlighted fields

You are about to leave this page. Any changes you made will not be saved.

Are you sure?

You are about to leave this page. Any changes you made will not be saved.

Are you sure?

You are about to leave this page. Any changes you made will not be saved.

Are you sure?

Is this your event?
If you are the organizer of this event, you can claim it and edit it directly.

Please log in to claim your event.

No account yet? Sign up, it's free!
What's wrong with this comment?


Choose your view:

    Worldwide
    Country
    Regional
    City
 


  1. Enter your iPhone email-address and click "Send to my iPhone" to receive an email.
  2. Open the email with your iPhone and click the link inside.
  1. Enter your Android Phone email-address and click "Send to my Android Phone" to receive an email.
  2. Open the email with your Android Phone and click the link inside.
Click the add button to add this event to your Google Calendar.
Click the import button to import this event to Outlook.
Click the import button to import this event to Apple iCal.
  1. Copy this link:
  2. Start Thunderbird.
  3. Open your agenda.
  4. Click File > New > Agenda.
  5. Choose "Over the network" and click "next".
  6. Choose iCalendar (.ics) and paste the link of the first step in the "Location" field.
  7. Choose a name for the agenda and click "Finish".
Your agenda will be updated every 30 minutes.
Export event as EventsML-G2
Export event(s) as plain text
Link was sent to your device

Let a friend know about this event.

Email
Subject:
Message:
Hey, check out on Zapaday! Greetings,
Let your friends know about this venue.

Email
Subject:
Message:
Share
Facebook Delicious Twitter

Link to this
Calendars with this event

Add to one of my calendars
Add to calendar
Sync any Zapaday calendar to your personal calendar, phone or iGoogle.

Do you have a website? Include a Zapaday badge with today's or tomorrow's events.
  1. Enter your iPhone email-address and click "Send to my iPhone" to receive an email.
  2. Open the email with your iPhone and click the link inside.
  1. Enter your Android Phone email-address and click "Send to my Android Phone" to receive an email.
  2. Open the email with your Android Phone and click the link inside.
Click the add button to add this calendar to your Google Calendar.
Click the import button to import this calendar to Outlook.
Click the import button to import this calendar to Apple iCal.
  1. Copy this link:
  2. Start Thunderbird.
  3. Open your agenda.
  4. Click File > New > Agenda.
  5. Choose "Over the network" and click "next".
  6. Choose iCalendar (.ics) and paste the link of the first step in the "Location" field.
  7. Choose a name for the agenda and click "Finish".
Your agenda will be updated every 30 minutes.
Copy this link and paste it in the new subscription field of your RSS reader.
Click the add button to add this calendar to your iGoogle
Copy and paste this code:
Changing the settings below alters the code.
Title:
Filter events by location:

Show events for



Width:
Font:
Font-size:

Background
Border
Calendar title
Event title
Event details
Calendar Title
Event title
[Calendar] | [venue], [Location], [country], [Date], [Time]
Event title
[Calendar] | [venue], [Location], [country], [Date], [Time]
Event title
[Calendar] | [venue], [Location], [country], [Date], [Time]
Export event(s) as plain text

This event has been added to your My Zapaday page.
Do not show this again



For now, you can track up to 5 events, calendars or venues. Let us know if you want to track more.

How would you like your reminder for this event?

Send reminders to my email days in advance
How often do you want to receive the calendar email?





What kind of event would you like to create?