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One step closer to banking union

euronews (in English)

37 Views • Jun 21, 2013

Description

Eurozone finance ministers have agreed on how and when their bailout fund, the European Stability Mechanism, can save banks. They have also set conditions for the rescues and said that a retroactive application for ESM assistance will be decided on a case by case basis.

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http://www.euronews.net/

Keywords & Tags

#Europe #Eurozone #euronews #Banking #union #closer #One #banking #step

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