Non-euro countries raise concerns on banking union

EUObserver reported that EU ambassadors from Bulgaria, the Czech Republic, Denmark, Hungary, Latvia, Lithuania, Poland, Romania, Sweden and the UK met on the 10 September 2012 to share concerns regarding the European Commission's banking union plans to be unveiled on the 12 September 2012.

• Primary Source

ESO: Background information: Brussels pushes for wide ECB powers http://www.europeansources.info/record/brussels-pushes-for-wide-ecb-powers/

EurActiv, 11.9.12: Non-euro countries question safeguards on ECB new regulatory powers http://www.euractiv.com/euro-finance/non-euro-countries-question-safe-news-514707

EUObserver, 11.9.12: Banking union: No supervision without representation http://euobserver.com/opinion/117504

EurActiv, 12.9.12: Non-eurozone nations threaten to swamp banking union http://www.euractiv.com/euro-finance/non-eurozone-threaten-swamp-bank-news-514734

European Commission: RAPID: Press Release, IP/12/953: Commission proposes new ECB powers for banking supervision as part of a banking union http://europa.eu/rapid/pressReleasesAction.do?reference=IP/12/953&format=PDF&aged=0&language=EN&guiLanguage=en

European Commission: DG Internal Market and Services: General policy: Financial Services Committee Architecture http://ec.europa.eu/internal_market/finances/committees/index_en.htm

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