What will the banking union be for and will it ever happen?

Background paper of the European Values Think-Tank, 2013-09-06 On the tenth day of July Germany significantly influenced preparations of the European Banking Union project. German government rejected the final draft of the second pillar proposed by the European Commission. The second pillar founds mutual Eurozone fund into which the European banks would contribute (1 % … Pokračování textu What will the banking union be for and will it ever happen?