Ϸվ to adopt priorities for European banking union
On Thursday, MEPs will adopt their annual report on the EU banking sector, with recommendations for improving the banking system to boost EU competitiveness.
On Wednesday afternoon, Members will discuss the EU banking landscape and their priorities for action in the area. They will then vote on their annual report the day after.
This year MEPs are focusing on how the EU banking environment could be better designed to allow banks to lend more to businesses and consumers and thereby help improve the EU economy’s competitiveness. They are concerned that the current EU banking structure limits the capacity of EU banks to finance major investments. MEPs are therefore expected to call for the Commission to review this structure, while taking care not to undermine financial stability.
Members are also likely to stress once again that there can be no banking union without a European deposit insurance scheme.
Debate: Wednesday 7 May
Vote: Thursday, 8 May
Procedure: Own-initiative report