On Thursday 18 April, the European Parliament's Committee on Economic and Monetary Affairs (ECON) succeeded in adopting a position (26 votes in favour, 18 against, 3 abstentions) on the 2015 proposal to establish a European Deposit Insurance Scheme (EDIS), the third pillar of the euro area Banking Union, limiting – at this stage – the future European fund to providing liquidity to national schemes, intended to cover investor deposits in the event of the failure of a major European...