Brussels, 11/06/2014 (Agence Europe) - At a meeting of national Council of Ministers' experts on Tuesday 10 June, member states lifted their reservations on the revised guidelines for direct bank recapitalisation by the European Stability Mechanism (ESM).
Now begins a legislative process at national level by which those states which require it, such as Germany and Finland, will amend their domestic law in order to provide this instrument with a stable legal basis, a process that is expected...