Brussels, 27/11/2015 (Agence Europe) - Of the nine countries singled out by the European Commission, only Luxembourg will miss the 3 November deadline for lodging ratification instruments for the treaty establishing part of the single resolution fund (SRFF), the financial arm of Banking Union in the eurozone.
Unlike the transposition process of the BRRD directive harmonising national bank restructuring and resolution schemes, the Commission does not have the same ways of applying pressure...