Bank supervision problematic, says Barroso

  • 2013-07-10
  • From wire reports
VILNIUS - President of the European Commission Jose Manuel Barroso says that the decision regarding a collective banking supervision mechanism will be adopted by the end of term of the current European Parliament, reports ELTA. The president said that the European Commission will make a decision only after the member states will have discussed the matter, as they have to approve the proposal put forward by the EC.The president said that the banking supervision issue remains a problematic one; still, he hopes that an agreement will be reached as the EC proposal is “perfect.&rdq...
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