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Image header Agence Europe
Europe Daily Bulletin No. 11042
Contents Publication in full By article 11 / 39
ECONOMY - FINANCE - BUSINESS / (ae) banking

EP sceptical that agreement will be reached on bank resolution

Brussels, 18/03/2014 (Agence Europe) - Tactical manoeuvring or a genuine desire for progress? On Wednesday 19 March, MEPs were still pointing the finger at the differences between the European Parliament and the Council of Ministers over the bank resolution mechanism (SRM) within the eurozone.

A few minutes before entering trilogue talks on the SRM (the second arm of Banking Union), Sven Giegold (Greens/EFA, Germany) said he did not expect agreement to be reached that day. Noting the...

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