'Banking omnibus,’ geo-economic deterrence pact on EU executive's 2027 agenda

( November 3, 2026, 15:47 GMT | Official Statement) -- MLex Summary: A package proposal dubbed “omnibus bank financing — competitiveness and simplification” and a geo-economic deterrence pact are among the key initiatives planned by the European Commission for next year, according to a draft obtained by MLex. The work program lists the “key initiatives that strengthen the EU’s ability to act in a rapidly changing world”, with a focus on competitiveness, defense and security, democracy and values, and the social market economic model, among other priorities.See attached European Commission work program and annexes....

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