Monday, May 6, 2013

EU parliament's ECON committee: hearing on Cyprus Bailout (May7+8)

Urgent ECON hearing with Dijsselbloem called for by ALDE Group (alde.eu, Mar 29th 2013)

Week Ahead: May 6 to May 10 (WSJ, May 3rd 2013)
Talking about monetary union and Cyprus this WEEK (euobserver.com, Ma 3rd 2013)

"EU-TV" (EbS) schedule May 7th
"EU-TV" (EbS) schedule May 8th

 related reading:
MEPs angry at EU's Olli Rehn over treatment of Cyprus (BBC, Apr 17th 2013)
EU Parliament likely to back forced losses on wealthy failed bank depositors (Reuters, Apr 23rd 2013)
Cyprus Losses Spur EU Lawmakers to Bolster Depositor Protection (Bloomberg, Apr 9th 2013)

Friday, May 3, 2013

EU Commissioner Rehn comments on Spring economic forecast (NOS video)


source: Rehn: de situatie in Frankrijk is duidelijk slechter (c) by NOS TV, May 3rd 2013, English, 7 minutes 

Spring 2013 forecast: The EU economy – slowly recovering from a protracted recession (europa.eu, May 3rd 2013)

EU Recovery and Resolution Directive (RRD) (re: bail-in )

[update Dec 12th 2013]






(Ángel Ubide, Peterson Institute, pdf, 9 pages) (via @raluca3000)


[/update]

>>Bail-in takes shape but national inconsistencies likely to emerge…<< (KPMG)

source: EU Directive on Recovery and Resolution (KPMG, June 2012)

Proposal - European Commission - Europa (ec.europa.eu,pdf, 537kb, 171 pages)


[Liikanen report] (ec.europa.eu, pdf, 153 pages, Oct 2nd 2012)

Recovery and Resolution Planning: Making the Key Attributes Requirements Operational  
(FSB , pdf, 53 pages, Nov 2012) 

Working towards effective resolution... (KPMG, April 2012)




Asmussen: Bail-in bei Bankenabwicklung schon ab 2015 vorsehen (finanznachrichten.de, May 5th 2013)
Asmussen: bail-in for bank resolution should be used from 2015 

ECB's Asmussen: Essential to Move Swiftly on All Aspects of Banking Union (WSJ, Apr 12th 2013)
HIGHLIGHTS-Comments from EU finance ministers, officials (Reuters, Apr 12th 2013)

Jörg Asmussen: CEEs and the crisis – current challenges and benefits  (BIS, pdf, 4 pages, Apr 29 2013)

Resolution and future of finance - speech by Paul Tucker (Bank of England, May 20th 2013)
Resolution mechanism for banking union can be created without treaty change, says EU's Barnier
(Ekathimerini, May 20th 2013)

EU Parliament Panel Seeks Depositor Preference in Bank-Loss Law (Businessweek, May 20th 2013)
EU draft bank rescue law would not shield big deposits (MSN Money, May 20th 2013)


note: (as usual) some more links might be added in the upcoming weeks