Press Release: Member states sign agreement on bank resolution fund

On 21 May 2014, the representatives of 26 EU member states signed an intergovernmental agreement on the transfer and mutualisation of contributions to a single resolution fund that would be established as part of Europe's banking union.

• Primary Source

ESO: Background information: Single Resolution Mechanism: Council confirms deal with EP http://www.europeansources.info/record/press-release-single-resolution-mechanism-council-confirms-deal-with-ep/

ESO: Background information: Council adopts rules on bank recovery and resolution http://www.europeansources.info/record/press-release-council-adopts-rules-on-bank-recovery-and-resolution/

ESO: Background information: Bank recovery and resolution: Council confirms agreement with EP http://www.europeansources.info/record/press-release-bank-recovery-and-resolution-council-confirms-agreement-with-ep/

European Commission: RAPID: STATEMENT/14/165: Commissioner Barnier welcomes the Signature of the intergovernmental Agreement (IGA) on the Single Resolution Fund http://europa.eu/rapid/press-release_STATEMENT-14-165_en.pdf

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