Financial Stability as the Objective of the Banking Union

Bauerschmidt Jonathan
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Bauerschmidt Jonathan: Member of the Legal Service, Council of the European UnionBrüssel.Belgium The views expressed by the author are strictly personal and do not engage the institution for which he works. A previous version was published in Zeitschrift für das gesamte Handels- und Wirtschaftsrecht (ZHR) 183 (2019).

European Company and Financial Law Review, 2020, vol. 17, issue 2, 155-183

Abstract: The European financial and sovereign debt crisis has fundamentally transformed the banking landscape in the European Union. In order to break the dependence between banks and sovereigns, the European legislator has created a Banking Union. The objective of these legislative measures is financial stability. How can this term be understood and what is the significance of financial stability for the Banking Union? This contribution aims to answer these questions

Date: 2020
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DOI: 10.1515/ecfr-2020-0008

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