12
Jul
Speaking at the Peterson Institute for International Economics in Washington, DC, today, EU Internal Market and Services Commissioner Michel Barnier outlined further European integration efforts leading towards a more integrated banking, economic and fiscal union.
"Europe will soon be the first region in the world to have translated the Basel III agreement on banks' capital rules into binding law. We will apply these rules to more than 8000 European banks," he pointed out, noting that "it is very important that...