At least 12 European Union member states used publicly created asset management companies (AMCs), otherwise known as a ‘badbanks’ to respond to the recent financial crisis. This tool remains an option for future bank resolutions under the EU Bank Recovery andResolution Directive. This working paper assesses the design of AMCs in the recent crisis and why their form has changed.
16th December 2014
11th December 2014
The October 2014 agreement on gas supplies between Russia, Ukraine and the EU did not resolve the Ukraine-Russia conflict over gas. This policy contribution proposes the EU to actively engage in a redefinition of its gas relations with both Russia and Ukraine.
9th December 2014
Foreign takeovers are often a source of concern for national governments. The only consideration in merger assessment that matters for the European Commission, is whether the merger will harm consumers. Member states can intervene only in exceptional circumstances.
4th December 2014
Japan is the most rapidly aging country in the world. A total reform of the Japanese social security system, therefore, is inevitable. Other advanced economies could learn from the Japanese experience.
27th November 2014
This paper provides new evidence about the budgetary consequences – for patent offices – of the coexistence of the forthcoming Unitary Patent (UP) with the current European Patent (EP).
Posted within Bruegel News 7th May 2014
Bruegel has been rated as one of the most transparent think tanks worldwide and in Europe, achieving five stars for its detailed disclosure of funding.