06/07/2023 (Agence Europe) – When it is fully up and running at the end of 2023, the total allocation to the ‘Single Resolution Fund’ (SRF), the financial arm of the ‘resolution’ strand of banking union in the euro area, will reach €77.6 billion, said the Single Resolution Board (SRB) responsible for managing it, in a statement. For 2023, the major banks in the 21 participating EU countries (Eurozone + Bulgaria) will have to contribute €11.3 billion. The SRF, which has never...