Add to ORKGDespite broad agreement among central bankers, policy-makers and economists that creation of a ‘Banking Union’ is essential for the survival of the euro, progress in building this union has been painfully slow. This is largely due to the protracted fights over which government will be the payer of last resort when banks fail because of bad loans made in the past. Taking a cue from Copernicus, Thomas Mayer suggests in this new CEPS Policy Brief that the impasse may be broken by turning the whole process on its head. So, instead of trying to move from common bank supervision, over to bank resolution and then on to deposit insurance, he proposes reversing the process by starting with deposit insurance, moving from there to resolution and endin...
The Banking Union is one of the most important and ambitious projects launched by the European Union...
Arguing that the planned move to put the ECB in charge of banking supervision would be incomplete wi...
Unlike the banking crisis of 2008; when governments had significantly lower debt burdens, government...
On the fifth anniversary of the start of the financial crisis, Karel Lannoo looks at the regulatory ...
It is generally agreed that a Banking Union should have common or ‘single’ institutions responsible ...
This paper argues that a monetary union requires a banking union. While the USA developed both durin...
Cross-border banking is currently not stable in Europe. Cross-border banks need a European safety ne...
This Policy Brief pleads for an unambiguous commitment by eurozone leaders to establishing a Banking...
Although views differ on the precise contents and timing of a genuine banking union, there is wide p...
Introduction: The European Union, together with the euro zone, negotiated a set of new policies and ...
The ministers of finance and the economy of the eurozone have now agreed on the main features of a n...
The crisis has revealed the fragility of the monetary union and the persistence of very high financi...
The diabolical loop between the solvency of the banking system and the sovereign fiscal position is ...
Two of the banking union’s pillars – common European supervision by the European Central Bank and co...
This paper asserts that the contagion currently afflicting sovereign bond markets in the eurozone ca...
The Banking Union is one of the most important and ambitious projects launched by the European Union...
Arguing that the planned move to put the ECB in charge of banking supervision would be incomplete wi...
Unlike the banking crisis of 2008; when governments had significantly lower debt burdens, government...
On the fifth anniversary of the start of the financial crisis, Karel Lannoo looks at the regulatory ...
It is generally agreed that a Banking Union should have common or ‘single’ institutions responsible ...
This paper argues that a monetary union requires a banking union. While the USA developed both durin...
Cross-border banking is currently not stable in Europe. Cross-border banks need a European safety ne...
This Policy Brief pleads for an unambiguous commitment by eurozone leaders to establishing a Banking...
Although views differ on the precise contents and timing of a genuine banking union, there is wide p...
Introduction: The European Union, together with the euro zone, negotiated a set of new policies and ...
The ministers of finance and the economy of the eurozone have now agreed on the main features of a n...
The crisis has revealed the fragility of the monetary union and the persistence of very high financi...
The diabolical loop between the solvency of the banking system and the sovereign fiscal position is ...
Two of the banking union’s pillars – common European supervision by the European Central Bank and co...
This paper asserts that the contagion currently afflicting sovereign bond markets in the eurozone ca...
The Banking Union is one of the most important and ambitious projects launched by the European Union...
Arguing that the planned move to put the ECB in charge of banking supervision would be incomplete wi...
Unlike the banking crisis of 2008; when governments had significantly lower debt burdens, government...