According to a French government source, Hollande and Merkel agreed on need for a tight, clear timeframe on banking union

According to a French government source, Hollande and Merkel agreed on need for a tight, clear timeframe on banking union

– Decision, in principle, on banking union likely to be reached at Thursday’s summit but further details to be discussed later in the year.

– Hollande discussed the situation in Greece and Spain with Monti and Merkel.

– Sweden, Finland and UK are bank accord obstacles.

Print

16:24 –
Economic commentary

– Source:

Newswires

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According to a French government source, Hollande and Merkel agreed on need for a tight, clear timeframe on banking union
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