EU leaders have agreed a package of reforms for banking, paving the way for negotiations to begin.
EU leaders have agreed on a general approach to the banking package of reforms, paving the way for negotiations to start on the details, said the European Commission.
The Commission put forward a raft of regulations and amendments to existing law, comprising the so-called banking package, in November 2015. The measures, if agreed, would implement international standards into EU law, while taking into account how these apply to the European sector.
“After more than one year and a half of very complex and technical discussions, the Council [EU member state representatives] has reached a general approach on this very important risk-reduc
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