Bloomberg Anywhere Login

Bloomberg

Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world.

Company

Financial Products

Enterprise Products

Media

Customer Support

  • Americas

    +1 212 318 2000

  • Europe, Middle East, & Africa

    +44 20 7330 7500

  • Asia Pacific

    +65 6212 1000

Communications

Industry Products

Media Services

Follow Us

Van Rompuy to Propose Banking Union Under ECB Control, Sole Says

June 24 (Bloomberg) -- European Council President Herman Van Rompuy will propose a plan to create a banking union controlled by the European Central Bank, the Italian newspaper Il Sole 24 Ore reported, without saying how it got the information.

The plan also includes a proposal to create a fund to manage banking crises, the newspaper said.

EU leaders are due to meet from June 28 to June 29, and a key issue on the agenda will be a long-term plan for more fiscal and banking integration. Van Rompuy is due to unveil the draft plan this week.

To contact the reporter on this story: Sonia Sirletti in Milan at ssirletti@bloomberg.net

To contact the editor responsible for this story: Frank Connelly at fconnelly@bloomberg.net

Please upgrade your Browser

Your browser is out-of-date. Please download one of these excellent browsers:

Chrome, Firefox, Safari, Opera or Internet Explorer.