Banking Union [What Think Tanks Are Thinking]

On 11 November 2015 the European Commission held an orientation debate on next steps to complete the EU’s Banking Union — the European Union’s single rulebook on the functioning of banks, their supervision, restructuring and liquidation, and the protection of their customers and stakeholders.

The Banking Union was created in response to euro zone debt crisis, to shore up the often fragile banks, boost confidence in the financial system, and break the vicious circle between bank and sovereign debt. Some critics say it does not go far enough as, for example, there is no pan-EU deposit guarantee fund.

This note highlights a selection of recent studies by major international think tanks and research institutes on the banking union, with hyperlinks to the texts concerned. It also includes some recent papers on euro zone governance reform and the European banking system in general.

Guide compiled by Marcin Grajewski,

• Primary Source

ESO: Key Source: European Banking Union http://www.europeansources.info/record/european-banking-union-2/

EurActiv, 02.11.15: A year on, challenges remain for Europe's single banking supervisor http://www.euractiv.com/sections/euro-finance/year-challenges-remain-europes-single-banking-supervisor-319087

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