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Europe Daily Bulletin No. 10869

19 June 2013
ECONOMY - FINANCE - BUSINESS / (ae) banking
Council draws up a “resolution triangle”

Brussels, 18/06/2013 (Agence Europe) - The talks at the Council of the EU on harmonising bank restructuring schemes are intensifying with a view to reaching broad agreement at the ECOFIN Council on Friday 21 June (see EUROPE 10863).

Member states recognise that the key to reaching ministerial agreement is striking a balance between three inter-dependent elements of the directive, namely the design of the bail-in tool, particularly the balance between harmonisation and flexibility;...

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