Brussels, 24/07/2014 (Agence Europe) - Germany and Spain have published a “non-paper on alternatives to move forward on contributions to the Single Resolution Fund”. The European Commission will be publishing draft legislation on calculation of bank contributions in September.
The Commission wants technical work to be completed this month in order to decide how to share out among banks in the EU contributions to the €70 billion to be paid in ten years to the eurozone bank resolution...