BRUSSELS, March 26 It might be possible for
large uninsured depositors to be "bailed-in" as part of the
future resolution of a bank under a new draft EU law, the
European Commission said on Tuesday, but savers with less than
100,000 euros at a bank would not be hit.
"At no point is it possible to bail in depositors under
100,000 euros, either now nor in the future," said a spokeswoman
for Michel Barnier, the European Commissioner in charge of
"In the Commission's proposal, which is under discussion, it
is not excluded that deposits over 100,000 euros could be
instruments eligible for bail-in," spokeswoman Chantal Hughes
told a regular briefing. "It is a possibility."
(Reporting By John O'Donnell; editing by Rex Merrifield)