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Published on Friday, December 12, 2014 | Updated on Friday, December 12, 2014

Weekly Regulation Update

EUROPE The ESM’s direct recapitalisation instrument is approved, with a total limit of EUR60bn The board of governors of the European Stability Mechanism (ESM) has agreed to create a direct recapitalisation instrument to help member states with fiscal problems. The ESM can inject money into systemic banking institutions provided they are viable, after […]