Publication
19 Dec 2013
This paper argues that any capital needs in banks discovered in the 2014 Asset Quality Review by the European Central Bank should not be filled by public funding. Instead, the author believes that any bank that does not have enough capital should be asked to obtain it from the market, or be restructured to increase its viability. He also suggests there was a case for public funding when the entire banking system was under stress, but this is no longer the case.
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English (PDF, 8 pages, 702 KB) |
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Author | Daniel Gros |
Series | CEPS Policy Briefs |
Issue | 311 |
Publisher | Centre for European Policy Studies (CEPS) |
Copyright | © 2013 Centre for European Policy Studies (CEPS) |