Luxembourg/Brussels, 14/09/2015 (Agence Europe) - Starting in January 2016, eurozone nations will set up credit lines to provide the single resolution fund (SRF) with the firepower it needs during the phase-in stage.
This was the preferred option of the Ecofin Council in Luxembourg on Saturday 12 September. After an exchange of views, the Luxembourg Presidency of the Council of the EU noted that eurozone nations were not prepared to amend the treaty on the European Stability Mechanism...