•  Medium- to long-term fiscal sustainability: a decline in confidence in fiscal sustainability may lead the economy downward through, for example, excessive rises in long-term interest rates. The opposite would occur if confidence in the path toward fiscal consolidation strengthens.
And all this will be effected without the use of taxpayer money. The banks will, as it were, be tidying up after themselves. Basically, the principles for crisis management of banks are similar to those we already know in Denmark; those who have invested in the bank – i.e. owners and investors – will bear the losses.