The Bank Resolution Compromise: Incomplete, but workable?

Daniel Gros

CEPS Papers from Centre for European Policy Studies

Abstract: Calling the Single Resolution Mechanism an “inelegant step in the right direction”, this Commentary singles out the Single Resolution Fund, with its considerable mutualisation of risk, as the key advance – but one that will require changes over time in the extremely complex decision-making mechanisms agreed.

Pages: 2 pages
Date: 2013-12
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Citations: View citations in EconPapers (2)

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Persistent link: https://EconPapers.repec.org/RePEc:eps:cepswp:8776

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