The EU's so-called banking union was supposed to be up and running this year. But differences between Brussels, the ECB and Germany over the way forward for a new banking authority have slowed progress to a crawl. Is there room for compromise before a critical EU summit later this month? And why does the eurozone so badly need a banking union?
- Pablo ZALBA BIDEGAIN, Spanish MEP, European People's Party;
Vice-Chair, Committee on Economic and Monetary Affairs;
- Frank ENGEL, Luxembourg MEP, European People's Party;
- Tim KING, Editor, European Voice.
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Programme produced and prepared by Mary Colombel