Europe’s Banking Union: What progress has been made?

The creation of a European Banking Union was seen as one of the key responses to the Eurozone crisis. But despite being agreed in 2012, the banking union remains incomplete. Tobias Tesche assesses the progress that has been made so far, writing that the banking union has so far failed to deliver on its promises.

• Primary Source

European Commission: DG Banking and finance: General Policy: Banking union: Single Resolution Mechanism (SRM) https://ec.europa.eu/info/business-economy-euro/banking-and-finance/banking-union_en

European Central Bank: Banking supervision: Banking union http://www.europeansources.info/record/banking-supervision/

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