Member states at the latest ECOFIN meeting agreed to have a further meeting on the Single Supervisory Mechanism (SSM), as they edged closer to an agreement on the issue paramount to achieving the EU vision of a banking union. 

The gathering is thought to be taking place on the 12 December, a day before the next European Council meeting, where it is hoped that negotiations will be finalised to implement a legal framework on the new regulation by the end of the year, in keeping with th...

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