"European bank supervision sends a strong signal to financial markets"

CommentOpinion ♦ Published: September 28, 2013; 12:13 ♦ (Vindobona)

Austrian Federal Minister of Finance Maria Fekter welcomes favourable European Parliament decision on bank supervision.

"European bank supervision sends a strong signal to financial markets" / Picture: © ÖVP Bundespartei / Jacob Glaser

"Austria has been in favour of a single banking supervisor right from the start, and the favourable decision by the European Parliament sends an important signal to international financial markets", stated Minister of Finance Fekter in response to the news from Strasbourg.

"The possibility for non-eurozone countries to participate in the single supervisory mechanism is…