Brussels, 14/07/2014 (Agence Europe) - On Monday 14 July, the EU Council of Ministers enshrined the regulation establishing the bank resolution mechanism (SRM) section of banking union in the eurozone.
In a press release, Italian Finance and Economy Minister Pier Carlo Padoan said that the single resolution mechanism makes a great improvement to the European Union's regulation of the banking sector, which will be of greater service to European economic development without private sector...