In November 2015, the European Commission has tabled a proposal for a European Deposit Insurance Scheme (the EDIS). The proposal aims at building such a common insurance through three phases, starting by a reinsurance phase and a co-insurance phase. At term, the objective is to reach a full European insurance. In 2017, in order to break the impasse of the discussions in the European Parliament and in the Council, the Commission has proposed that a compromise on EDIS could exclude full mutualisation and focus on two phases only, i.e. reinsurance (only liquidity coverage) and co-insurance. It remains to be seen if the Commission initiative will be sufficient to revive the negotiations in 2018.