External authors

Gregory Nguyen

External author

Gregory Nguyen is a senior economist at the National Bank of Belgium.

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Policy Contribution

The role of state aid control in improving bank resolution in Europe

The financial crisis exposed Europe’s inadequacy in developing an effective banking resolution framework that could bring together national authorities and set guidelines for their coordination. The European Commission, through its assessment of state aid cases, managed to avoid single market distortions and mitigate moral hazard. This Policy Contribution explains why in the long-term Europe needs […]

By: Mathias Dewatripont, Gregory Nguyen, Peter Praet and André Sapir Topic: Banking and capital markets Date: May 16, 2010