Brussels, 21/01/2016 (Agence Europe) - The Single Resolution Fund (SRF), which has been in place since January 2016, will have “more than €10 billion” by the end of the year, according to an announcement made on Thursday 21 January by Timo Löyttyniemi, the vice-president of the Single Resolution Board (SRB), the new European authority responsible for managing the financial arm of banking union in the eurozone.
The eurozone states have until the end of January to transfer the...