EU Summit deepens Banking Union and military partnership

The agreement on a mechanism to liquidate or rescue banks at risk of failure in the euro zone is the most practical result expected from the winter Summit of the European Union, which began on Thursday in Brussels.

It is a pillar of the Banking Union, which leaders of the 28 Member States are essential to deal with the financial crisis, but will also make a stock of the measures for employment and corporate financing.

After five years without high-level conversations about security and defence, the heads of State and Government debate the possible sharing of military assets and defence industry partnerships.

On Friday, they analyze the conflicts in Syria and in the Central African Republic, as well as relations with the Ukraine.

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