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Image header Agence Europe
Europe Daily Bulletin No. 11058
ECONOMY - FINANCE - BUSINESS / (ae) banking

No change for bail-ins

Brussels, 10/04/2014 (Agence Europe) - The BRRD directive to harmonise national bank resolution schemes will not be amended to introduce exemptions to the bail-in rules for some types of aid that central banks may grant struggling banks.

A Council of the EU source said on Wednesday 9 April that the United Kingdom has withdrawn its request for exemptions. Commenting on this, Sven Giegold MEP (Greens/EFA, Germany) says that the member states were unable to agree on the matter and there had...

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