Firmer foundations for a stronger European Banking Union
Dirk Schoenmaker ()
Working Papers from Bruegel
Highlights The move to European Banking Union involving the supervision and resolution of banks at euro-area level was stimulated by the sovereign debt crisis in the euro area in 2012. However, the long-term objective of Banking Union is dealing with intensified cross-border banking. The share of the assets of national banking systems that come from other EU countries was rising before the financial and economic crisis of 2007, but went...
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Persistent link: https://EconPapers.repec.org/RePEc:bre:wpaper:10704
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