Euro Zone Bank Rescue Fund Grows To 33 Billion Euros: SRB

www.oann.com | 8/10/2016 | Staff
EGFZE (Posted by) Level 3
BERLIN (Reuters) – The euro zone’s Single Resolution Fund (SRF) – a rescue fund for failing lenders – has received a cash injection of 7.8 billion euros ($8.7 billion) this year, bringing the total to almost 33 billion euros, the Single Resolution Board (SRB) said on Wednesday.

“The Fund is steadily being built up and we are about half way there. The SRF...
(Excerpt) Read more at: www.oann.com
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