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Europe Daily Bulletin No. 11426

7 November 2015
Contents Publication in full By article 11 / 31
ECONOMY - FINANCE - BUSINESS / (ae) banking
Agreement expected in December on SRF bridge financing

Brussels, 06/11/2015 (Agence Europe) - European finance ministers will attempt to solve two issues on Tuesday 1 November on bridge financing for the Single Resolution Fund (SRF) so that a formal agreement can be reached in December.

The financial arm of eurozone's Banking Union, the SRF is due to be able to help finance the restructuring or winding down of a big failing bank from 1 January 2016. Under a decision taken by the Ecofin Council in 2013, it will have an intervention capacity of...

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