Brussels, 28/05/2013 (Agence Europe) - Addressing the European Parliament's economic and monetary affairs committee on Monday 27 May 2013, EU Internal Market Commissioner Michel Barnier said that the European Commission is planning to unveil in a few days' time a draft eurozone bank restructuring mechanism.
Barnier said that, with a common bank resolution fund financed in advance by banks, along with a resolution authority, the restructuring mechanism, combined with the almost finalised...