E.U. To Have Overrule Power Over ECB

The European Union is expected to unveil plans that would give the E.U.’s new banking union the authority to overrule the European Central Bank if it makes a decision that does not comply with European Banking Authority regulations and would threaten the bloc’s single market.

  • 11 Sep 2012

The European Union is expected to unveil plans that would give the E.U.’s new banking union the authority to overrule the European Central Bank if it makes a decision that does not comply with European Banking Authority regulations and would threaten the bloc’s single market.

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