Publication
25 Nov 2013
This brief argues that strong governments breed fragile banks. The authors describe how banks in the northern eurozone have capital ratios that are, on average, less than half of the capital ratios of banks in the eurozone’s periphery making them less able to withstand shocks. They conclude by calling on the governments of northern Europe to stand up and force their banks to issue more equity.
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English (PDF, 6 pages, 336 KB) |
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Author | Paul De Grauwe, Yuemei Ji |
Series | CEPS Policy Briefs |
Issue | 305 |
Publisher | Centre for European Policy Studies (CEPS) |
Copyright | © 2013 Centre for European Policy Studies (CEPS) |