Languages

Text Resize

-A A +A
  • ECOFINEconomic & Financial Affairs (ECOFIN)

Milestone agreement on SRF completes SRM

  • Photo: © European Union

    © European Union

On the occasion of the signing, today, of the Intergovernmental  Agreement on the transfer and mutualisation of contributions to the Single Resolution Fund, Greek Minister of Finance, Yannis Stournaras made the following statement:

“I welcome the signing today in Brussels of the Intergovernmental Agreement on the transfer and mutualisation of contributions to the Single Resolution Fund, which constitutes the final step in the completion of the Single Resolution Mechanism. This is yet another important milestone, clearly indicating the political will and determination of the European Union to move decisively and confidently forward in establishing a strong and credible Banking Union and we look forward to its swift ratification and entry into force, in accordance with the agreed timeframes”.