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Tag: resolution fund

Ministers reject EU bank rescue plan - 08 September 2010 - News

EU economy ministers and the European Commission differ on how to rescue defaulting banks in the future, as ministers in favour of a bank levy yesterday (7 September) rejected the idea of putting the fiscal proceeds into a special fund to wind down insolvent banks.

EU plans tax on bank capital - 25 May 2010 - News

The European Commission will propose a European emergency fund paid for by the financial sector to rescue failing banks and fend off future crises.

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