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Image header Agence Europe
Europe Daily Bulletin No. 11043
Contents Publication in full By article 26 / 32
ECONOMY - FINANCE - BUSINESS / (ae) banking

Forceps delivery for bank resolution mechanism

Brussels, 20/03/2014 (Agence Europe) - Agreement was reached on Thursday 20 March on a bank resolution mechanism (SRM) for the eurozone between representatives of the EU Council of Ministers and the European Parliament.

More than 15 hours of talks were needed and the French and German finance ministers, Moscovici and Schäuble, were reportedly contacted at dawn about the deal. The president of the European Commission and the president of the European Council commented that this was the best...

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ECONOMY - FINANCE - BUSINESS
BUSINESS NEWS NO 97