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Europe Daily Bulletin No. 11143

30 August 2014
ECONOMY - FINANCE / (ae) banking
Barnier argues for weighted bank resolution fund contributions

Brussels, 29/08/2014 (Agence Europe) - The European Commission says that the main burden of contributions to bank resolutions funds will not have to be borne by small banks.

Bank contributions to national bank resolution funds and the eurozone resolution fund (SRF) will depend on their assets (not including their own capital or deposits covered by a savings guarantee scheme).

In a column in newspaper La Libre Belgique on Thursday 28 August, Internal Market Commissioner Michel Barnier said...