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#banking union

# banking-union - Thursday 20 March, 2014

"End to the era of massive bailouts" as EU reaches deal to complete banking union

MEPs now say that a problem bank can be closed down in the space of a weekend to avoid markets turmoil on a Monday.

# banking-union - Friday 17 January, 2014

Noonan says bank debt deal cannot be 'actively' pursued until 2015

The Minister for Finance met with the head of the eurozone’s permanent bailout fund, Klaus Regling, who reiterated his own view that any retrospective deal is not likely at the moment.

# banking-union - Friday 27 December, 2013

Taoiseach admits his own deadline on bank debt deal will be missed

Enda Kenny’s comments came prior to those of the European Commission president Jose Manuel Barroso last week where he appeared to rule out any retrospective bank deal.

# banking-union - Thursday 19 December, 2013

Taxpayers will no longer pick up all of the tab for failed banks

The EU banking union framework has been agreed, meaning banks will bail themselves out.

# banking-union - Thursday 12 December, 2013

Extra Banking Union meeting needed after ministers fail to reach agreement

Eurogroup ministers met earlier this week on the topic, but only agreed on general principles.

# banking-union - Tuesday 15 October, 2013

Creation of Single Supervisory Mechanism for eurozone banks is approved

The new set of banking rules “will restore fair lending conditions across the EU,” said Barroso.

# banking-union - Saturday 14 September, 2013

EU finance ministers seek progress on bank closures plan

European finance ministers are meeting today in Vilnius to discuss the planned Banking Union, which would allow a failing bank to be closed before it damages the underlying economy.

# banking-union - Saturday 22 June, 2013

EU finance ministers fail to agree on who should pay for bank bailouts

The 27 EU ministers will meet again Wednesday to try and finalise a decision.

# banking-union - Friday 21 June, 2013

Euro finance ministers agree direct help for banks

The 17 eurozone ministers are joined today by their 10 non-euro colleagues to discuss these issues in a Bank Recovery and Resolution Directive.

# banking-union - Tuesday 19 March, 2013

Ireland leads deal with European Parliament on new banking watchdog

The deal with the parliament means that MEPs will now get the ability to pick the leaders of the supervisory board.

# banking-union - Friday 14 December, 2012

Deal on Irish bank debt 'can be reached before 2014' - Kenny

The Taoiseach says discussions on the help Ireland can receive from the ESM can continue before a new banking supervisor is set up.

EU leaders repeat aim of splitting bank and sovereign debts

Ahead of Day 2 of a two-day summit, EU leaders say a deal on a new banking regulator is “a major qualitative step”.

# banking-union - Tuesday 4 December, 2012

A busy week for Noonan as EU banking union talks precede Budget 2013

First Brussels, then Budget Day.

# banking-union - Monday 26 November, 2012

Mathew Elderfield issues warning over EU banking union

The Deputy Governor of the Central Bank of Ireland also said the concerns of the UK and other countries outside the eurozone should be addressed.

# banking-union - Wednesday 27 June, 2012

Kenny calls for sharing of bank debts - as Merkel again rules out Eurobonds

There’ll be no Eurobonds “as long as I live”, insists a defiant Chancellor, as the Taoiseach calls for federalised bank debts.

# banking-union - Monday 25 June, 2012

EU leaders will discuss plans to integrate national budgets - report

Reuters says a document being prepared for Brussels also discusses banking union and deeper economic integration.

# banking-union - Tuesday 8 May, 2012

Honohan calls for EU-wide 'banking union'

The Central Bank governor also said Irish banks should be recapitalised with EU funds – and without running up our national debt.