Navigation path

Login   |   Register

Advanced search Search in:    Audio    Photo    Video    Shotlist


OR









Extracts from the press conference by Michel Barnier, on the Single Resolution Mechanism

59 views

On 20 March 2014, the European Parliament and the Council reached a provisional agreement on the proposed Single Resolution Mechanism (SRM) for the Banking Union. Michel Barnier, Member of the EC in charge of Internal Market and Services, held a press conference in Brussels on this topic. The Single Resolution Mechanism complements the Single Supervisory Mechanism (SSM) which, once fully operational in late 2014, will see the European Central Bank (ECB) directly supervise banks in the euro area and in other Member States which decide to join the Banking Union. The Single Resolution Mechanism would ensure that – not withstanding stronger supervision - if a bank faced serious difficulties, its resolution could be managed efficiently with minimal costs to taxpayers and the real economy. The Single Resolution Mechanism will be governed by two texts: an SRM regulation covering the main aspects of the mechanism and an intergovernmental agreement related to some specific aspects of the Single Resolution Fund (SRF).
SHOTLIST

Type: Summary of press conference   Reference: I-087741   Date: 20/03/2014   Duration: 05:34 Location: Brussels - EC/Berlaymont  
Languages: ORIGINAL,
© European Union, 2014   /   Source: Producer: EC - Audiovisual Service   /   Producer: Executive producer: ALL TV
To download, please log in







Related videos

30:39 Press conference by Michel Barnier, on the Single Resolution Mechanism
Press conference by Michel Barnier, on the Single Resolution Mechanism
Ref: I-087740
Date: 20/03/2014
05:34 Extracts from the press conference by Michel Barnier, on the Single Resolution Mechanism
Extracts from the press conference by Michel Barnier, on the Single Resolution ...
Ref: I-087741
Date: 20/03/2014

Related photos

Press conference by Michel Barnier, Member of the EC, on the proposal of the Single Resolution Mechanism by the Commission
Press conference by Michel Barnier, Member of the EC, on the proposal of the ...
Ref: 025304
Date: 20/03/2014


You don't find what you are looking for? Ask us!


Thu 20/07
European Commission - Commissioners' weekly activities Brussels, 20 July 2017 (Susceptible de modifications en cours de semaine) Déplacements et visites   Lundi 24 juillet 2017 Economic and Financial Affairs Council 24-25/07 Informal meeting of competitiveness ministers   Ms Federica Mogherini receives Mr Sameh Hassan Shoukry, Minister for Foreign Affairs of...
Thu 20/07
European Commission - Press release Brussels, 20 July 2017 The European Commission has announced additional emergency assistance of €10 million to respond to increasing humanitarian needs in Libya. The European Commission has today announced an additional €10 million in humanitarian aid for those most in need in Libya as violence...
Thu 20/07
European - Press release Commission Brussels, 20 July 2017 Today the European Commission launches a public consultation on how Europe should promote digital innovation in health and care, for the benefits of citizens and health systems in Europe.
Thu 20/07
European Commission - Press release Brussels, 20 July 2017 Customs Union: EU customs seized over 41 million fake goods at EU borders last year New figures released by the European Commission today show that customs authorities detained more than 41 million fake and counterfeit products at the EU's external border...
Thu 20/07
European Commission - Press release Brussels, 20 July 2017 Commissioner for International Cooperation and Development, Neven Mimica, reaffirms the EU's strong and long-standing partnership with Colombia during an official visit to Colombia tomorrow, where he will meet with President Juan Manuel Santos.
Thu 20/07
European Commission - Daily News Daily News 20 / 07 / 2017 Brussels, 20 July 2017 Customs Union: EU customs seized over 41 million fake goods at EU borders last year New figures released by the European Commission today show that customs authorities detained more than 41 million fake and...
Thu 20/07
European Commission - Speech - [Check Against Delivery] Brussels, 20 July 2017 Good afternoon to all of you, Thank for your patience which is a critical virtue for any negotiation. Ladies and gentlemen, David and I and our teams have just finished a few minutes ago the second round of...
Thu 20/07
European Commission - EUROSTAT Brussels, 20 July 2017 In the first quarter of 2017, the seasonally adjusted general government deficit to GDP ratio stood at 0.9% in the euro area (EA19), a decrease compared with 1.1% in the fourth quarter of 2016.
Thu 20/07
European Commission - EUROSTAT Brussels, 20 July 2017 At the end of the first quarter of 2017, the government debt to GDP ratio in the euro area (EA19) stood at 89.5%, compared with 89.2% at the end of the fourth quarter of 2016.
Wed 19/07
European Commission - Press release Brussels, 19 July 2017 A new Diversity and Inclusion Charter and fresh action to reach at least 40% women in its management by 1 November 2019 are two key features of the Commission's new human resources policy.


Go to rss page Go to EU Tube page Go to twitter page Go to facebook page Go to contact page


Credit © European Union, 2017