Bail-in doubts.

Kathimerini English - - Focus -

EU bail-in rules to re­duce tax­pay­ers’ costs in bank res­cues may not be ap­pro­pri­ate if a bank­ing cri­sis is sys­temic, a se­nior Euro­pean Com­mis­sion of­fi­cial said yes­ter­day. The com­ments by Jose Le­an­dro, a top ad­viser to EC Pres­i­dent Jean-Claude Juncker on eu­ro­zone re­form, could sig­nal a de­par­ture from a Ger­man­led model that has caused con­cerns in south­ern Euro­pean coun­tries. Le­an­dro said the bail-in is de­signed to ad­dress prob­lems bank by bank but may not be ad­e­quate to deal with more sys­temic crises

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