TITLE VIIFINANCING ARRANGEMENTS

Article 99European system of financing arrangements

A European system of financing arrangements shall be established and shall consist of:

  1. (a)

    national financing arrangements established in accordance with Article 100;

  2. (b)

    the borrowing between national financing arrangements as specified in Article 106,

  3. (c)

    the mutualisation of national financing arrangements in the case of a group resolution as referred to in Article 107.