A solution for Europe's banking problem
AbstractNicolas VÃ©ron and Adam Posen believe Europe should build new long term European joint-action to face the likely high rising number of insolvent banks on the continent. The authors propose on the one hand, a centralised triage and restructuring process of bad European banks lead by a new temporary European Institution, a European Bank Support Authority (EBSA), and on the other hand, long-term EU Institutions dedicated to the completion of an integrated market.
Download InfoIf you experience problems downloading a file, check if you have the proper application to view it first. In case of further problems read the IDEAS help page. Note that these files are not on the IDEAS site. Please be patient as the files may be large.
Bibliographic InfoPaper provided by Bruegel in its series Policy Briefs with number 310.
Date of creation: Jun 2009
Date of revision:
Other versions of this item:
Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.:
- Reint Gropp & Anil K Kashyap, 2010.
"A New Metric for Banking Integration in Europe,"
in: Europe and the Euro, pages 219-246
National Bureau of Economic Research, Inc.
- Reint Gropp & Anil Kashyap, 2009. "A New Metric for Banking Integration in Europe," NBER Working Papers 14735, National Bureau of Economic Research, Inc.
- Gropp, Reint Eberhard & Kashyap, Anil K., 2008. "A New Metric for Banking Integration in Europe," ZEW Discussion Papers 08-102, ZEW - Zentrum für Europäische Wirtschaftsforschung / Center for European Economic Research.
- Fabian Valencia & Luc Laeven, 2008. "Systemic Banking Crises: A New Database," IMF Working Papers 08/224, International Monetary Fund.
- Takeo Hoshi & Anil K Kashyap, 2008.
"Will the U.S. Bank Recapitalization Succeed? Eight Lessons from Japan,"
NBER Working Papers
14401, National Bureau of Economic Research, Inc.
- Hoshi, Takeo & Kashyap, Anil K, 2010. "Will the U.S. bank recapitalization succeed? Eight lessons from Japan," Journal of Financial Economics, Elsevier, vol. 97(3), pages 398-417, September.
- Eisenschmidt, Jens & Tapking, Jens, 2009. "Liquidity risk premia in unsecured interbank money markets," Working Paper Series 1025, European Central Bank.
- Jean Pisani-Ferry & Bruno van Pottelsberghe, 2009. "Handle with care! Post-crisis growth in the EU," Policy Briefs 301, Bruegel.
- Martin Saldías Zambrana, 2010.
"Systemic risk analysis using forward-looking distance-to-default series,"
1005, Federal Reserve Bank of Cleveland.
- Martín Saldías, 2012. "Systemic Risk Analysis using Forward-Looking Distance-to-Default Series," Working Papers w201216, Banco de Portugal, Economics and Research Department.
- Nicolas Veron, 2013. "A Realistic Bridge Towards European Banking Union," Policy Briefs PB13-17, Peterson Institute for International Economics.
- Nicolas VÃ©ron & Guntram B. Wolff, 2013.
"From supervision to resolution: next steps on the road to European banking union,"
- Nicolas Veron & Guntram B. Wolff, 2013. "From Supervision to Resolution: Next Steps on the Road to European Banking Union," Policy Briefs PB13-5, Peterson Institute for International Economics.
- Edwin M. Truman, 2013. "Asian and European Financial Crises Compared," Working Paper Series WP13-9, Peterson Institute for International Economics.
- C. Randall Henning & Martin Kessler, 2012.
"Fiscal federalism: US history for architects of Europe's fiscal union,"
Essays and Lectures
- C. Randall Henning & Martin Kessler, 2012. "Fiscal Federalism: US History for Architects of Europe's Fiscal Union," Working Paper Series WP12-1, Peterson Institute for International Economics.
- Nicolas Véron, 2012. "Europe's Single Supervisory Mechanism and the Long Journey Towards Banking Union," Policy Briefs PB12-24, Peterson Institute for International Economics.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Bruegel).
If references are entirely missing, you can add them using this form.