Huertas, Thomas F. - 2020
so, is the resolution regime in the Euro-area ready to respond? No, for banks may not have the right amount of the right … kind of liabilities to make bail-in work. That could lead to a banking crisis. The Euro area can avoid this risk, by … arranging now for a recap later. This would plug the gap between what the failing bank has and what it would need to make bail …