Working paper
17 November 2016
This Working Paper reviews recent developments in the EU’s financial supervisory and regulatory architecture with a view to draw out lessons for regi
Blog post
17 November 2016
After Brexit, several major cities across the EU27 are looking to take over London's financial activity. While there are plenty of benefits in hosting
External publication
16 November 2016
The European financial system is too strongly bank-based. How can it be rebalanced to become favourable to growth and employment again? (This paper is
Opinion piece
27 October 2016
The year 2016 has not been good to Italian banks. While resilient to the first wave of financial crisis in 2008, due to their low exposure to US sub-p
Opinion piece
21 October 2016
Nicolas Véron argues that EU banking union can only be complete if the vast amounts of domestic sovereign debt held by many banks are reduced
Blog post
18 October 2016
An important guiding principle in resolving non-performing loans (NPLs) should be to ensure that viable debt remains serviced, while non-viable debt g
Blog post
13 October 2016
The European Central Bank has begun to tackle a key symptom of banking sector fragility with its proposed guidelines on banks’ management of non-perfo
Blog post
10 October 2016
What’s at stake: The IMF recently published its Fall Global Financial Stability Report, which points to a decrease in short-term risk but building of
Policy brief
03 October 2016
This Policy Contribution outlines a fiscal cost scenario for the recapitalisation of large banks
during a severe systemic crisis.
Blog post
14 September 2016
Just as the City owes much of its current awe-inspiring prosperity to European integration, the brutal realities of Brexit will make it shrink, not th
Policy brief
09 September 2016
In this Policy Contribution, Maria Demertzsis and Guntram B. Wolff discuss three progressive steps for strengthening the fiscal framework at the euro-
Policy brief
09 August 2016
As a consequence of the global financial crisis, various initiatives have been taken in different jurisdictions to ensure the future resolvability of
Blog post
19 July 2016
Weakness in the Italian banking sector is a major concern for the euro area. Retail investors stand to lose out if BRRD bail-in rules are strictly app
Blog post
14 July 2016
Following the UK vote to exit the European Union, the fragility of the Italian banking system has come into the spotlight. The Economist described it
Blog post
13 July 2016
Keynote speech by Commissioner Jonathan Hill at Bruegel event "The impact of the EU regulatory framework for financial services" on 12 July 2016.
Blog post
30 June 2016
If the UK cannot secure a ‘Norway’ deal and stay within the internal market, the UK will lose passporting rights for financial services and access to