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Image header Agence Europe
Europe Daily Bulletin No. 11027
Contents Publication in full By article 20 / 27
ECONOMY - FINANCE - BUSINESS / (ae) banking

Bank resolution talk in deadlock

Brussels, 26/02/2014 (Agence Europe) - Once again, the talks between EU Council of Ministers and European Parliament representatives ended on Tuesday 25 February without any significant progress towards setting up a single bank resolution mechanism (SRM).

This is because the ministers refused to grant the Greek Presidency a revised negotiating mandate so that it could enter compromise talks with the Parliament. The MEPs reacted sharply to the suggestions made by the Presidency after talks...

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