Brussels, 06/06/2013 (Agence Europe) - On Tuesday 4 June, the Irish Presidency of the EU Council of Ministers handed the member states a new draft compromise on the directive harmonising national bank restructuring systems, which includes the option of national schemes lending money to each other
The draft directive suggests setting up national schemes which can be used to bail out failing banks (see EUROPE 10849). Under the latest compromise drafted by the Irish Presidency, which this...