Bank Oversight Plans May Threaten ECB Independence

Analysis feature. At the European Council, Brussels, 28-29 June 2012, EU leaders agreed to establish a banking oversight authority. It remains unclear, however, what such a system might look like. The European Central Bank is to play a role, but can it maintain its independence?

ESO: Background information: Euro blueprint maps way to banking union http://www.europeansources.info/record/euro-blueprint-maps-way-to-banking-union/

ESO: Background information: European Banking Authority http://www.europeansources.info/record/website-european-banking-authority-eba/

ESO: Background information: Eurozone weighs union on bank regulation http://www.europeansources.info/record/eurozone-weighs-union-on-bank-regulation/

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