10/01/2011 (Agence Europe) - The European Banking Federation is eagerly awaiting the results of a European Commission impact assessment on the financing of the EU's new system for bailing out collapsed banks, which is currently subject to a public consultation exercise (see EUROPE 10288). The EBF encourages the European Commission to spell out its ideas on the option of forcing junior debt holders to absorb losses. In a press release, it says that “senior debt should only be affected if...