ECOFIN started its debate in the Council on the CRD 4 proposals on 2 May. The provisional minutes of the debate indicate a qualified majority approval of the latest compromise, and an agreement to continue the debate on 15 May. Other reports suggest the UK has caused problems by continuing to insist on a right to impose stricter requirements where appropriate. (Source: Provisional Minutes of ECOFIN Meeting 2 May)
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ECOFIn starts CRD 4 debate
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