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Image header Agence Europe
Europe Daily Bulletin No. 11029
Contents Publication in full By article 29 / 39
ECONOMY - FINANCE / (ae) banking

Four bank resolution fund pooling options

Brussels, 28/02/2014 (Agence Europe) - Four pooling options for contributions to the future Single Resolution Fund (SRF) for banks are currently being examined by eurozone nations and other member states.

As demanded by Germany (but rejected at the moment by the European Parliament), the Council of Ministers wants the SRF, which will be used to help wind up failed banks, to be set up at first on an intergovernmental basis, but then to be gradually pooled and becoming part of the normal...

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