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Completing banking union to support Economic and Monetary Union

Paolo Fioretti, Olga Francová, Mike Hesketh, Nicoletta Mascher, Rolf Strauch and Flore Vancompernolle
Additional contact information
Paolo Fioretti: ESM
Olga Francová: ESM
Mike Hesketh: ESM
Nicoletta Mascher: ESM
Rolf Strauch: ESM
Flore Vancompernolle: ESM

Discussion Papers from European Stability Mechanism

Abstract: This discussion paper depicts recent developments in the euro area banking system and sheds light on institutional and economic obstacles to further integration. Based on those facts, the paper proposes a way forward for further integration and completion of banking union, considering the implication of reforms to foster a safer, more profitable and integrated euro area banking industry.

Pages: 53
Date: 2019-10-16, Revised 2021-10-25
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