Publication
14 May 2013
This paper talks about European Union banking union. The author argues that it is unlikely that banking union will come about unless the approach toward its establishment is changed. Therefore, he suggests a three step procedure which starts with deposit insurance, moves from there to a hierarchy of loss absorption in a bank resolution regime and ends with, bond-buying by the European Central Bank (ECB).
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English (PDF, 5 pages, 388 KB) |
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Author | Thomas Mayer |
Series | CEPS Policy Briefs |
Issue | 290 |
Publisher | Centre for European Policy Studies (CEPS) |
Copyright | © 2013 Centre for European Policy Studies (CEPS) |