Yes, they have committed themselves to do so both at the level of heads of state and government and at finance minister level. Moreover, there are clear bail-in provisions in place that will call the banks’ creditors to account. We did not have such rules when the crisis erupted.
In future, it will no longer be the taxpayer who has to step into the breach in the event of bank failures. Are you optimistic in this respect? Will the taxpayer really not be called upon to pay the bill in future? That is not a question of optimism. The new rules afford the taxpayer far better protection.