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Europe Daily Bulletin No. 11428

11 November 2015
Contents Publication in full By article 21 / 33
ECONOMY - FINANCE - BUSINESS / (ae) banks
Agreement in sight on details for bridge financing for SRF fund

Brussels, 10/11/2015 (Agence Europe) - On Tuesday 10 November, the European finance ministers made progress towards defining the details for the bridge financing of the Single Resolution Fund (SRF), the financial arm of banking union in the eurozone.

We have reached a “consensus” on two outstanding issues in the definition of the national credit lines which will guarantee that the SRF fund has sufficient capacity from January 2016, the Luxembourg finance minister announced, confident in...

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