Brussels, 21/03/2014 (Agence Europe) - On Friday 21 March, the European summit welcomed the agreement struck the day before by the member states and the European Parliament on creation of a bank resolution mechanism (SRM) in the eurozone (see EUROPE 11043).
The EU heads of state said “this is a major achievement that will pave the way to the completion of banking union. It is important now to formally adopt the regulation before the end of the current legislature. Together with the...