Danish Parliament

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Policy Contribution

Danish Parliament

Should non-euro area countries join the single supervisory mechanism?

This Policy Contribution was prepared for a hearing on The economic crisis and the development of the European Union at the Danish Parliament on 26 February 2013. While the decision to join the SSM is made difficult by the uncertainty about other elements of the banking union, including the possible burden sharing, we conclude that non-euro EU members should stand ready to join the SSM and be prepared for the negotiations of the other elements of the banking union.

By: Zsolt Darvas and Guntram B. Wolff Topic: Danish Parliament, European Macroeconomics & Governance Date: March 13, 2013