The Council has debated the following issues during its meeting on economic and financial affairs:

  • welcoming the Commission’s proposals for a CMU;
  • reviewing the implementation of Europe’s banking union and encouraging Member States to speed up their implementing measures;
  • agreeing an approach to providing bridge financing for the single resolution fund for banks which will be operational as on 1 January 2016; and
  • an exchange of views on the five presidents’ report.

(Source: Council Meeting on Economic and Financial Affairs)