The European Union is still treading water on the thorny issue of a community-wide banking union. EU finance ministers, gathered once again in Brussels, aren't making any decisions; instead, they're just repeating well-worn positions that haven't change in months.
According to EU diplomats, that is the fault of the German government, which is unwilling to shift its ground while coalition negotiations over the next new government are still going on in Berlin.
But Germany's incumbent Finance Minister Wolfgang Schäuble, of Angela Merkel's conservative Christian Democratic Union, has another view: "The German government is fully capable of acting," he said, because all the parties in the country's future government agree on European policy.
EU still wrangling over banking union | Europe | DW.DE | 15.11.2013
According to EU diplomats, that is the fault of the German government, which is unwilling to shift its ground while coalition negotiations over the next new government are still going on in Berlin.
But Germany's incumbent Finance Minister Wolfgang Schäuble, of Angela Merkel's conservative Christian Democratic Union, has another view: "The German government is fully capable of acting," he said, because all the parties in the country's future government agree on European policy.
EU still wrangling over banking union | Europe | DW.DE | 15.11.2013
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