Publication
13 Oct 2011
In this commentary, the author argues that the EU should move quickly to enact an American-style ‘TARP’ in the eurozone to strengthen the financial sector and maintain lending. The details of a European TARP matter hugely, however. How far should coverage stretch? What should be done if banks refuse to accept capital injections? And what conditions should be imposed for state purchases of bad assets?
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English (PDF, 2 pages, 75 KB) |
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Author | Karel Lannoo |
Series | CEPS Commentaries |
Publisher | Centre for European Policy Studies (CEPS) |
Copyright | © 2011 Centre for European Policy Studies (CEPS) |