The Presidency has published compromise texts and a state of play document of the Regulations aimed at establishing a Single Supervisory Mechanism (SSM) for the Eurozone. EU Finance Ministers will convene again next week to try to agree the Council’s General Approach on the SSM and meet the 1 January 2013 deadline set in the European Summit in October. (Source: Compromise Text on Council Regulation on ECB Supervisory Powers, Compromise Text on Regulation on ECB-EBA Interaction and State of Play)