• 27-SEP-2012

Banking Union, a Critical Step Towards Deeper EU Integration

MEPs on the Parliament's economic and monetary affairs committee have this week been discussing the European Commission's plan for a banking union. The aim of the proposal is to cut the link between banks and national budgets, thus relieving pressure on member states by allowing them to secure lower borrowing costs and reduce their debt.


  • Ioannis Zografos
    EPP TV Managing Producer
    +32(0) 2 284 18 45