Spindelegger: “No Exploitation of Resolution Funds”

People ♦ Published: January 28, 2014; 20:29 ♦ (Vindobona)

Among the finance ministers in Europe, there are still different perceptions regarding the bank resolution fund.

Spindelegger: “No Exploitation of Resolution Funds” / Picture: © Flickr / The Austrian Foreign Ministry

The EU bank resolution mechanism is still far from being completed. According to Austrian Minister of Finance Michael Spindelegger, the ECOFIN council still has to decide how the funds will be supplied. “It is clear that the funds must not be exploited by certain countries which have difficulties in their banking sectors meaning that all other countries are losing their…

or Log In

Fast News Search
Related News
Nowotny: “We Want Clarity“ (January 27, 2014)
Another Emergency at Hypo Group Alpe Adria (January 25, 2014)
Austrian Bank Levy: “Penalty Gone Wild” (January 22, 2014)
Austria: Nowotny Calls for Fast Decision on Hypo Group (January 21, 2014)
Spindelegger Met Almunia: „Bank Aids Were No Issue“ (January 20, 2014)
Read More
Eurozone, Bank Resolution, Michael Spindelegger, Banking Industry
Featured
Coronavirus in Austria: Update
Austria Lifts Landing Bans for Airplanes from All 18 Countries that were Previously Banned
Coronavirus Situation at the Vienna International Centre (VIC): Live-Ticker - New COVID-19 Case at the IAEA
See latest Vindobona Newsletter