The Council has published the results from the Economic and Financial Affairs (ECOFIN) meeting on 14 May. It discussed the RRD and agreed the need for a balance between establishing a harmonised approach to using the bail-in tool and allowing for limited national flexibility in its application. The Presidency plans to resubmit its dossier on 21 June, at which stage it hopes to reach agreement on the Directive. The Council has also adopted conclusions on the migration to the Single Europe Payments Area (SEPA). It calls on banks and other payments services providers to assist end-users, particularly small enterprises and public administrations, to facilitate their adaptation to SEPA. (Source: Council Announces ECOFIN Results and Council Conclusions on SEPA)