Black smoke at the Banking Union project launched in December 2021 and on which, in recent weeks, Brussels had experienced an acceleration in view of next week's Eurogroup.
According to sources close to the dossier, "in the current economic and geopolitical context it has clearly emerged that it is not possible, at the moment, to reach a compromise between the various positions of the states" of the eurozone on the plan implemented by the president of the Eurogroup , Pascal Donohoe.
"The initial ambitions must be reconsidered but the work to reach an agreement on a common commitment continues", explain the same sources.
