ECB expects smooth transition to bank supervisor

11/28/2012 | Bloomberg Businessweek

The European Central Bank, dismissing German concerns about the legal standing of its supervisory role, says no legal changes are needed as it assumes authority over euro-zone banks by 2014. The ECB urged governments meet a deadline on 1 January for agreement on the plans, which would be phased in next year.

View Full Article in:

Bloomberg Businessweek

Published in Brief: