Banking union

The vulnerability of Europe's small and medium-sized banks

Stress tests show significant weaknesses in Europe's small and medium-sized banks. Strengthening the banking system is important to ach

Preserving the Greek financial sector: options for recap and assistance

Regaining the stability of the Greek financial sector is key, as a meltdown could lead to Grexit. The stability of the Greek financial system currentl

Euro area governance: an assessment of the “five presidents” report

European Commission President Juncker has published the long-awaited report prepared in collaboration with the presidents of the European Council, the

Europe’s radical banking union

Bruegel scholar Nicolas Véron argues in this thought-provoking essay that banking union ultimately enabled the European Central Bank’s announcement th

Will Greece run out of cash?

For many weeks now it has been regularly reported that Greece will run out of money if an agreement is not reached with the official lenders in the ne

Deferred tax credits may soon become deferred troubles for some European banks

European banking supervisor should limit banks’ exposure to all eurozone governments, not just Greece

The Single Supervisory Mechanism's decision to impose limits on Greek banks’ holdings of government debt has been criticised for putting und

Limits to the Greek bank run

An important question has emerged this week as regards the role of the ECB as a lender of last resort to banks in Greece. The press has widely reporte

European banking union and financial integration

At a famous summit in June 2012, the European leaders announced that they intend to “break the vicious circle” between banks and sovereigns. This deci

Lessons from the Bank of Japan for the euro area

It was feared that after the consumption tax hike, the inflation expectations would be dampened too much and the Bank of Japan would miss its target.

Europe’s Banking Union starts on an encouraging note

Sunday, October 26 was D-Day for Europe’s banks: at noon in Frankfurt, the European Central Bank (ECB) announced the results of its “compreh

Speech on package of measures for the Banking Union

Hearing at the Budget Committee.

Banking union in nine questions

Prepared for the Interparliamentary conference organized by the Italian Presidency of the European Council in Rome.

Europe's half a banking union

Even with all the risks in mind, we are convinced that in terms of financial stability and beyond, the half a banking union that has been undertaken w

Three questions on the Banco Espírito Santo case for banking union

As shares were suspended in Portugal's third largest bank, Banco Espírito Santo last week, sovereign spreads in the euro area increased and bank stock