Spanish Prime Minister Mariano Rajoy and French President François Hollande called here Wednesday for agreements reached at a European Union summit in June to be implemented and specifically demanded that a pan-European bank supervisory body become a reality in 2013.
In a press conference after a bilateral summit, Rajoy and Hollande said they will ask their colleagues during next week's gathering of EU leaders to show they are serious about resolving the sovereign-debt crisis by honouring pledges made this summer.
The Spanish premier said he will demand that steps be taken before year's end, particularly with respect to the proposed banking union.
Given that European Council President Herman Van Rompuy was tasked with presenting a proposal on bank supervision by December, "there's no reason" decisions cannot be made at this time, Rajoy said.
"In that sense, it's fully possible and absolutely desirable that the European Council give a clear sign that it will resolutely continue the process of European integration," he said.
Read more: Spain, France favour EU regulation of banks | TwoCircles.net
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