Banking and capital markets
While the world was saved from financial instability during the pandemic, new developments in the European Union’s financial system are emerging.
While the COVID-19 pandemic has not led to financial instability thanks to effective European Central Bank intervention and major government interventions, new developments in the EU financial system are emerging.
Our researchers monitor financial sector developments and public policy responses, and make policy recommendations with a specific attention to the role of the financial sector to support the EU’s green and digital transitions.
Recently published and updated
Memo to the commissioner responsible for financial services
Memos to the European Union leadership 2024-2029
The full twenty Memos will be launched at this year's Bruegel Annual Meetings in September
The European Central Bank’s operational framework and what it is missing
This paper attempts to fill in the gaps in the European Central Bank's framework review
Europe’s Banking union at ten: unfinished yet transformative
Nicolas Véron offers the first comprehensive exploration of the genesis, implementation and possible future completion of the banking union
Events
Talks@Bruegel: Europe's financing needs with Pervenche Berès
What are the funding requirements in Europe and the prospects for the CMU?
Europe’s banking union at 10: unfinished yet transformative
The event launched Nicolas Véron's book, Europe’s Banking Union at 10: Unfinished Yet Transformative!
What can we learn from the 2023 banking turmoil?
What were the root causes of the banking failures in March 2023, and what lessons can be learned to prevent future crises?
Podcasts
Climate change, the next big financial threat
A warming planet poses new risks to European sovereign debt. How can the continent protect itself?
Capital markets union - why now?
What is hindering the EU from achieving a Capital markets union?
What to do with frozen Russian assets
How could the EU help further fund Ukraine two years into the war?
Ten years of Europe’s banking union
How far along is Europe’s banking union, and what is next?