The puzzle of Europes banking union: progress and missing pieces

Thorsten Beck

Chapter 2 in Central Banks and Supervisory Architecture in Europe, 2022, pp 14-20 from Edward Elgar Publishing

Abstract: This short paper discusses progress made in regulatory reforms and constructing a European financial safety net. While it acknowledges the progress made, it points to important elements missing; further, the initial objectives of eliminating bail-out and doom-loop between bank and sovereign fragility and of creating a Single Market in Banking have not been achieved so far.

Keywords: Economics and Finance (search for similar items in EconPapers)
Date: 2022
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