EU ponders rescue fund for non-euro banks ahead of stress test

The European Union is weighing up whether a €50 billion (HK$524 billion) rescue fund can be turned into a backstop for banks in member states outside the single-currency bloc, two EU officials said.

via Business feed http://www.scmp.com/business/banking-finance/article/1320760/eu-ponders-rescue-fund-non-euro-banks-ahead-stress-test