Brussels, 05/06/2012 (Agence Europe) - On Wednesday 6 June 2012, EU Internal Market Commissioner Michel Barnier unveiled highly awaited draft legislation on the management of failed banks (see EUROPE 10586), the final piece of legislation launched on the initiative of the G20, which will provide national supervisors with a tool box to use as far ahead of a bankruptcy as possible to prevent banks having to be bailed out by the public
European leaders are discussing the idea of setting up a...