European Banking Union (eBook, PDF)

The New Regime
Redaktion: Hinojosa-MartA-nez, Luis M.; Beneyto, JosA(c) MarA-a

• Format: PDF

Produktbeschreibung

eE -LeE -Europe se fera par la monnaie ou ne se fera paseE - [Europe will be made by currency or it will not be made], warned economist Jacques Rueff as long ago as 1949 eE ' a prophetic remark that has become highly salient since the financial meltdown of 2008 severely threatened the European integration project. The depredations of the crisis quickly led to the development of the European Banking Union, with the goal of recapitalizing or otherwise resolving troubled banks in ways that minimize taxpayer cost and systemic risk. The bulk of the new institution, which contemplates a single supervisory system and a single recovery and resolution mechanism for troubled banks, is now established under European legislation.

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Produktdetails

• Verlag: Wolters Kluwer
• Seitenzahl: 288
• Erscheinungstermin: 17. Juli 2015
• Englisch
• ISBN-13: 9789041152718
• Artikelnr.: 72302090