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Europe Daily Bulletin No. 11456

18 December 2015
Contents Publication in full By article 26 / 35
ECONOMY - FINANCE / (ae) state aid
Irish credit union resolution scheme extended

Brussels, 17/12/2015 (Agence Europe) - On Thursday 17 December, the European Commission approved the extension, until 30 June 2016, of the Irish credit union resolution scheme.

The objective of the Irish scheme is to safeguard financial stability and to reduce the financial losses as much as possible when a credit union becomes unable to meet the regulatory requirements. It allows for the orderly winding-up of the failing credit union through the transfer, within the framework of a...

Contents

EUROPEAN COUNCIL
SECTORAL POLICIES
EXTERNAL ACTION
EUROPEAN PARLIAMENT PLENARY
ECONOMY - FINANCE
COURT OF JUSTICE OF THE EU
NEWS BRIEFS