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EU officials are on the verge of a banking union deal (Photo: Valentina Pop)

MEPs demand ECB transparency in bank union talks

EU officials are expecting to sketch out a deal within the coming weeks on two regulations that will govern the single supervisory mechanism (SSM) to be co-ordinated by the European Central Bank (ECB).

A parliament official involved in the negotiations on the banking union files told EUobserver that "everything has been discussed and we know where the agreement is moving to."

While officials representing governments are reluctant to open up the texts in negotiations with parliamen...

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