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Europe Daily Bulletin No. 11005

28 January 2014
Contents Publication in full By article 1 / 38
ECONOMY - FINANCE - BUSINESS
(AE) BANKING: Kazimir tells EP to be realistic on bank resolution scheme

Brussels, 27/01/2014 (Agence Europe) - Slovak Finance Minister Peter Kazimir says that the drawing up of an intergovernmental agreement to set up a single bank resolution fund (SRF) is legitimate in terms of democracy because it will be ratified by national parliaments.

On the fringes of the Tatra Summit on Monday 27 January, Kazimir said: “It took a long time to get a compromise. We have to be realistic. The European Parliament has to understand that intergovernmental treaty is also...

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