08/02/2017 (Agence Europe) – On Wednesday 8 February, the Single Resolution Board (SIB) announced the finalisation of the work to ensure that the Single Resolution Fund (SRF). The financial arm of banking union in the Eurozone, has more than €50 billion for the entire duration of its build-up period, which will take until the end of 2023. The European agency is responsible for organising the resolution of a defaulting major bank in the Eurozone. The 19 countries of the Eurozone have...