Brussels, 18/12/2013 (Agence Europe) - As we went to press on Wednesday 18 December EU finance ministers were still in negotiation over the outstanding issues for the bank resolution mechanism (SRM), but hoped to reach agreement before the heads of state arrived in Brussels for the summit on Thursday.
The 18 eurozone finance ministers have agreed on the broad outline of the single resolution fund (SRF)'s backstop and, in the draft Eurogroup statement, they said they agreed to introduce a...