On 10 November 2015, EU Economic and Finance Ministers met in Brussels for a meeting of the Economic and Financial Affairs (ECONFIN) Council. In this meeting ECOFIN reached political agreement on outstanding issues on the bridge financing for the Single Resolution Fund (SRF). This agreement, which will have to be finalised in preparatory working groups, paves the way for a conclusion of a definitive agreement from the ECOFIN in December 2015 and to the functioning of the SRF from 1 January 2016.

View Banking Union – Agreement on financial support for the Single Resolution Fund, 11 November 2015