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From 2012…
The year 2012 comes to a close and it has been a year of change and of laying groundwork for the future legislative landscape in the EU.
The starting gunshot of the banking union by the Heads of State and of Government at the June European Council meeting has indeed been hailed as the most important step in the EU’s integration process since the creation of the euro. And the Commission has been fast to deliver. On 11 September 2012, it presented its legislative proposals for a single supervisory mechanism with the European Parliament and the Council drafting positions of their own in late November, respectively in mid December. In all these internal discussions, the issues of the scope and of governance have been very...
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