Brunel University Research Archive(BURA) preserves and enables easy and open access to all
types of digital content. It showcases Brunel's research outputs.
Research contained within BURA is open access, although some publications may be subject
to publisher imposed embargoes. All awarded PhD theses are also archived on BURA.
Please use this identifier to cite or link to this item:
http://bura.brunel.ac.uk/handle/2438/15702| Title: | European Banking Union |
| Keywords: | economic and monetary union;European Union;;financial integration;bank supervision;bank resolution;European deposit guarantee;banking crisis;;financial crisis; |
| Issue Date: | 2017 |
| Citation: | The New Palgrave Dictionary of Economics |
| Abstract: | The sovereign crisis that has characterized the Eurozone since 2010 highlighted the potentially vicious circle between banks and sovereigns, adding an extra dimension to the 2007/08 financial crisis. This is why the EU Heads of State and Government committed to a European banking union in June 2012; a vision that was further developed in the European Commission's blueprint. The aim of the banking union is to ensure that financial institutions of the – for now – 19 Member States will be subject to a single supervision, a single resolution, and a common deposit insurance system. This article explains the background to these initiatives and weighs the progress towards their completion. |
| URI: | http://bura.brunel.ac.uk/handle/2438/15702 |
| DOI: | https://doi.org/10.1057/978-1-349-95121-5 |
| Appears in Collections: | Dept of Economics and Finance Research Papers |
Files in This Item:
| File | Description | Size | Format | |
|---|---|---|---|---|
| Fulltext.pdf | 630.46 kB | Adobe PDF | View/Open |
Items in BURA are protected by copyright, with all rights reserved, unless otherwise indicated.