Brussels, 08/12/2015 (Agence Europe) - On Tuesday 8 December, the European finance ministers finalised the details for the bridge financing which will give the Single Resolution Fund (SRF) an envelope of €55 billion for the entire period of its build-up, between 2016 and 2023.
In line with a political agreement of December 2013, the countries participating in banking union (so far, the 19 countries of the Eurozone: Ed) “agree to put in place a system of bridge financing arrangements in...