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Ecofin

World news about “Ecofin” published by euronews.

BRUSSELS BUREAU | 18/12 15:22 CET

Eurozone ministers agree on fund for failed banks in banking union talks

Eurozone ministers agree on fund for failed banks in banking union talks

Eurozone finance ministers have agreed a key step towards a plan for a banking union - how to ensure financing for closing lenders down. Banks will build up a fund of around 55 billion euros over 10 years. If there is a shortfall in the banks' fund, national governments can…


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