minister donohoe: i think that is a fair point. i am glad you brought that up. i think it is so understandable amidst the volatility come of the great challenge and difficulty that we are all facing and the difficulty with day-to-day life as well that we are not always aware of the broader progress that is being made with this disease, if i may say so as well from an economic point of view. huge efforts have been made in europe and to support our economy, and we know this support will need to continue. on the banking front, this week alone, the ambassadors of all countries participate in a banking union and agreed to a treaty to bring forward and to change the role of the european stability mechanism into the context of the banking union and banking difficulties. and as we viewers will know, this is an issue that has taken years of efforts, years of negotiations. the finance ministers agreed last november, and the treaty has been signed this week, and it is part of how the architecture, the economic architecture of the eurozone has been strengthened to deal with

we will get more details from the carne group ceo, john donohoe. this is bloomberg. ♪ ♪ matt: welcome back to "bloomberg markets: european open." 30 minutes into the trading day and we are looking at equity indexes that are not moving a lot. i guess, well, no, now we have come back down again. so basically unchanged here on the stoxx europe 600, the broader european benchmark index. we have been up a little, down a little, but have pretty much stayed in a very tight range this morning, looking for a catalyst to push us in one direction or the other. let's get the bloomberg first word news with laura wright in london. laura: axios says it senate majority leader mitch mcconnell is leaning toward voting to convict president trump. the new york times says the republican leader is pleased by the impeachment process, believing it will make it easier to purge trump from the gop. others are warming to the idea as well, including the number three republican in the house, who is planning to vote for impeachment. the rioters who stormed the u.s. capitol l