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Home arrow newsitems arrow Cyprus EU Presidency sources to EuroFora: Facilitate Agreement on Banking Union Law before December

Cyprus EU Presidency sources to EuroFora: Facilitate Agreement on Banking Union Law before December

Written by ACM
Thursday, 18 October 2012
 
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*Brussels/EU Summit/Angelo Marcopolo/- Well informed sources from Cyprus' EU Presidency (July - December 2012, told "EuroFora" that Cyprus intends to do its outmost in order to accelerate the finalisation of the €uroarea's Banking Union's Legal framework's draft, in Time for final Decision at the December EU Summit, as agreed today by Heads of State/Governmenrt.

The most important point agreed at the present Summt this evening was precisely to prepare a Draft Legal framework for the Banking Union, ready to be officialy adopted on December, 2012.


The Draft is prepared by a special Group established inside EU Council , which was just established last month (September 2012), and is chaired by Cyprus.


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+ Meanwhile,n concerning the forrthcoming November 2012 special EU Summit on the crucial and strategic issue of the 2014-2020 EU Financial Perspectives, the Spokesman of the Government of Cypurs, Stafanos Stefanou, speaking to "EuroFora", stressed the EU 2012 Cyprus' rotating Presidency's political will to try to "facilitate"an agreement"" between EU Member Countries, being well aware of the importance of the issue, (which should be finalized hopefully, also on December 2012).

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(../..)

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(NDLR  : "FlashNews". A brief summary of "EuroFora"s DraftNews, already sent earlier to Subscribers/Donors. The full text and/or a more accurate and complete Final Version may be published asap.

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