The SRM would allow for troubled banks operating under the SSM to receive bailout funds from a central 55 billion Single Resolution Fund, which would be filled with contributions by participating banks, to alleviate the impact of failing banks on the sovereign debt of individual states.
The SRM would allow for troubled banks. This was to alleviate the impact of failing banks on the sovereign debt of individual states. These troubled banks are operating under the SSM. This was to receive bailout funds from a central 55 billion Single Resolution Fund, which would be filled with contributions by participating banks.