Banking and capital markets

Looking backwards not forwards: why has the European Central Bank been slow to react?

Central banks: uncertainty is the problem, not managing the trilemma

Regaining price stability is difficult but doable; the bigger problem facing central banks is economic uncertainty.

The Commission’s Crisis Management and Deposit Insurance proposal has the potential to significantly improve banking resolution in the EU

The collapse of several US regional institutions and of Crédit Suisse has increased the urgency for crisis management reform in the EU.

Holdings limit will prove central to the digital euro’s future

The European Central Bank says its digital currency will not be a store of value, in contrast to global counterparts.

Bank of Russia’s immobilised assets: what happens next?

Fiscal rule legislative proposal: what has changed, what has not, what is unclear?

The proposed new fiscal rules constitute a major improvement from the current fiscal framework but missed an opportunity to foster green investment.

Annual Report 2022

The Bruegel annual report provides a broad overview of the organisation's work in the previous year.

The US and Swiss messes may nudge the EU towards better international bank capital standards compliance

Bank collapses show the importance of strong capital and liquidity positions and should signal to the EU the benefits of closer adherence to Basel III

Europe's takeaway from recent banking turmoil

A deep dive into EU regulation of the banking sector and how European banks were affected by the recent bank collapses.

De-dollarisation

The economic value of decentralised finance

Will decentralised finance become established and normalised?

Decentralised finance: good technology, bad finance

Given the importance of digitalisation, it is fair to ask whether these digital decentralised services will become established and normalised.