Hearing with Mrs Elke König, Chair of the Single Resolution Board, 11 July 2017

This briefing presented the state of play regarding the work of the SRB as well as a summary of several resolution or State aid cases. It also includes an updated analysis of the weakest banks under the direct remit of the SRB. It was published in advance of the Hearing with Mrs Elke König, Chair of the SRB, in the ECON Committee of the European Parliament on 11 July 2017 in accordance with Article 45.4 of Regulation (EU) 806/2014.

The main sections of the Briefing are:

+ Main achievements in 2016
+ The resolution of Banco Popular on 7 June 2017
+ The decision on Veneto Banca and Banca Popolare di Vicenza on 23 June 2017
+ The precautionary recapitalisation of Monte dei Paschi di Siena
+ The evolution of vulnerable SSM banks since 2013

• Primary Source

LSE European Institute: EuroppBlog, 28.06.17: Italy versus Spain: Two measures for solving the same banking problem http://www.europeansources.info/record/italy-versus-spain-two-measures-for-solving-the-same-banking-problem/

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