Denmark Defends Toughest Bail-Ins as EU Deal Readings Vary
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Denmark isn’t planning to soften its stance on bail-ins after the European Union struck a deal on bank resolution that leaves room for national interpretation.
The first EU nation to enforce losses on senior creditors in bank failures won’t back down from a law passed in 2010 that ensures taxpayer funds aren’t tapped to aid failing banks, Economy Minister Margrethe Vestager said.