Reuters: Regulatory News: Germany warns against "unrealistic" timeframe for EU banking union

Reuters: Regulatory News Reuters.com is your source for breaking news, business, financial and investing news, including personal finance and stocks. Reuters is the leading global provider of news, financial information and technology solutions to the world's media, financial institutions, businesses and individuals. // via fulltextrssfeed.com

Kindle Book Deals We find the best deals on best-selling Kindle books for you. Just tell us which genres you love and we'll do the rest. The best part? It's completely free! From our sponsors

Germany warns against "unrealistic" timeframe for EU banking union Sep 2nd 2013, 12:48 BERLIN, Sept 2 | Mon Sep 2, 2013 8:48am EDT BERLIN, Sept 2 (Reuters) - Europe must not race ahead with proposals for a banking union, a German official cautioned on Monday ahead of a gathering of the Group of 20 leading economies whose agenda will include banking reform. "We don't want to destabilise markets with unrealistic proposals so the time plan (for the planned European banking union) has to be realistic," the official said, adding that EU leaders had agreed that 2014 was a more realistic target date. The official, speaking on condition of anonymity, also said the Russian hosts of this week's G20 summit had said the Syria crisis would not be part of the official agenda of the meeting. "But Syria will be discussed at the many bilateral meetings which will take place, including by (German) Chancellor (Angela) Merkel," the source added.

You are receiving this email because you subscribed to this feed at blogtrottr.com. If you no longer wish to receive these emails, you can unsubscribe from this feed, or manage all your subscriptions