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Europe Daily Bulletin No. 11387

12 September 2015
ECONOMY - FINANCE - BUSINESS / (ae) banking
Three SRF bridge financing options on the table

Luxembourg, 11/09/2015 (Agence Europe) - Three options are on the negotiating table for member states to provide enough finance to the Single Resolution Fund (SRF), the resolution arm of Banking Union in the eurozone as it is gradually built up from 2016 to 2023.

Under the inter-institutional agreement of 2013 setting up the Single Resolution Mechanism, a decision on bridge financing for the SRF is expected by the end of the year in order that its intervention capacity can reach €55...

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