Euro zone countries agree direct bank recapitalisation framework

BRUSSELS (Reuters) - Euro zone governments agreed on Tuesday that the bloc's bailout fund will be able later this year to help to recapitalise failing banks which have written off 8 percent of their liabilities.

Euro zone may scrap option of direct bank recapitalisation in 10 years

BRUSSELS (Reuters) - Euro zone governments are considering inserting a "review clause" into their agreement on the direct recapitalisation of banks so that they can reverse or renegotiate the deal in the coming years, officials have told Reuters.

Euro zone likely to backstop banks with promises rather than cash

BRUSSELS (Reuters) - Euro zone governments have set aside almost no money to make good on their promise to recapitalise ailing banks after a health check next year.