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While markets may be having adverse short term reactions to Dijsselbloem statements in light of how badly the Cypriot deals were managed, the principle of a European Wide resolution regime have been in situ since a European Commission working paper was published in January 2011.
FORBES: Cyprus: Europe Rolls the Dice on its Banks
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Nevertheless, having regard to the information on the negotiating history which I have been given and to the arguments of the US Administration which I heard in Washington, I accept that a reasonable case can be made that resolution 1441 is capable in principle of reviving the authorisation in 678 without a further resolution.
BBC: SERVICES
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The report said the principle should be enshrined in a resolution of the House, and suggested a range of procedural changes to entrench the approach.
BBC: England-only laws 'need majority from English MPs'
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This Resolution requested governments to adopt the principle that there should be no status of limitations for crimes against a person when these are perpetrated to prevent freedom of expression but also the right of other people to receive information.
UNESCO: MEDIA SERVICES