Financial Services Financial Services

German banks' nixing of EU bailout-fund law likely to be appealed, SRB chief says

By Jack Schickler
  • 27 Oct 2020 11:43
  • 27 Oct 2020 11:43
German and Austrian banks’ success in getting a court to quash EU legislation on how to fund financial sector restructuring is likely to be appealed to higher courts in Luxembourg, the head of the Single Resolution Board has said. 
A recent finding from the bloc's lower-tier General Court — that

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