Watchdogs jostle over who is responsible, and there is no single authority on the accuracy of the numbers underpinning services.
Parmalat could put wind in the sails of proposals Mr. Tremonti has made in the past to create a single authority out of the current patchwork of oversight bodies.
Schuman Plan, proposal by French foreign minister Robert Schuman on May 9, 1950, for the creation of a single authority to control the production of steel and coal in France and West Germany (now Germany), to be opened for membership to other European countries.
"I need a solid basis in the treaty," Mr. Schäuble, referring to the creation of a single authority for shutting down banks, told the monthly meeting of finance ministers.
However, the commission has raised tentatively the possibility of a single authority to oversee securities-markets.But the real lesson from the banking industry is that it is not enough to get the rules right.
Bill Clinton, the former American president who is the UN's special envoy for Haiti, has urged donors to spend 10% of their grants on improving government capacity, including budget support.The New York conference also approved the setting up of a single authority to co-ordinate aid.
A day earlier, Mr. Schäuble, the German finance minister, warned the European Commission "to be very careful" with its proposal for a single authority to oversee the wind-down of troubled banks because "otherwise, we will risk major turbulence".
LONDON — Two days after Germany rebuffed plans for a single authority to oversee the winding down of Europe's troubled banks, an E.U. commissioner on Friday offered to compromise with Berlin to salvage the proposal, and suggested possible concessions for small, regional lenders.
Furthermore, Israel should pursue a policy of population decentralisation, and support the legitimisation of one single authority in the whole of Lebanon - indeed in all countries of the region.
A major factor is likely to be the less fragmented nature of NHS Scotland, with its single authority structure of Health Boards, probably supported by a closer network of research support.
None of these efforts reconciled conflicting views about the nature of the state, until in 1939 Croat and Serb leaders negotiated the formation of a new prefecture uniting Croat areas under a single authority with a measure of autonomy.
