Brussels, 20/01/2014 (Agence Europe) - Germany's finance minister, Wolfgang Schäuble, found it very difficult on Monday 20 January to convince the MEPs negotiating the bank resolution mechanism (SRM) with the member states of the sense of drawing up an intergovernmental agreement to provide a legal basis is to aspects of the future single resolution fund (SRF).
Corien Wortmann-Kool (EPP, Netherlands) told this newsletter that it was clear to her that Germany's legal argument did not hold...