The EESC Opinion on the role of cooperative and savings banks in territorial cohesion adopted in February was published in the Official Journal on July 31. Among its recommendations and conclusions the Opinion considers that shareholder-value banks must be efficiently complemented by stakeholder-value banks, supports the Commission's effort to take the particular nature of cooperative and savings banks into account in the new financial regulation and recommends the use of objective parameters such as financial and economic performance to justify a specific regulation for each business model.