EU Commission wants ECB to supervise all major euro banks
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EU Commission wants ECB to supervise all major euro banks

Berlin : Germany | Aug 17, 2012 at 4:07 AM PDT
Source: The Economic Times
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EU Commission will propose next month giving the ECB supervision over all of the euro zone's major banks. The European Commission will propose next month giving the European Central Bank supervision over all of the euro zone's major banks, Handelsblatt daily reported on Friday, citing Commission... FULL ARTICLE AT The Economic Times
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The ECB in June lent a total of 442 billion euros (647 billion dollars) to more than 1,100 banks
The ECB in June lent a total of 442 billion euros (647 billion dollars) to more than 1,100 banks
 
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    The European Commission wants the European Central Bank to act as supervisor for all eurozone banks, not just the region's biggest, the business daily Handelsblatt reported on Friday. German Chancellor Angela Merkel had said at the end of June that...

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