Brussels, 19/03/2012 (Agence Europe) - On Monday 19 March, EU Internal Market Commissioner Michel Barnier said that new EU bank crisis management system should include “bail-in instruments” so that national bank supervisors can ask a bank's lenders to cover its losses to ensure that the costs of a bank going bust are borne in the first place by shareholders. Barnier said the Commission is late unveiling draft legislation on this key issue because it wants to get the balance and the timing right. In order to ensure clarity and avoid confusion, it is waiting for full completion of the second Greek bailout because the new legislation is about future crises, not the present one. He said he would publish the details quite soon, once the final consultations have been concluded. (MB/transl.fl)