Lithuania proposes a last resort nationalisation of banks to protect financial stability on the Bank recovery and resolution directive which goes to EU parliament in two days.

Ireland’s finance minister Michael Noonan says that the euro group will be discussing the EU bank failure plans today and that wide differences remain on banking union issues. He also says they might meet again later in the month.

Finland’s fin min Jutta Urpilainen sees pressure to find an agreement on bank failures and sees problems with the EU commissions role in the SRM

So it looks like there is still a long way to go before we get any final agreement on banks failing, restructuring, union-ing and anything else ending in “ing”.