The SDN elaborates the case for, and the design of, a banking union for the euro area. It discusses the benefits and costs of a banking union, presents a steady
This is on a highly topical issue and addresses a key policy issue for Europe—namely, reinforcing EMU institutional architecture along with the Banking Union.
Recent failures and rescues of large banks have resulted in colossal costs to society. In wake of such turmoil a new banking union must enable better supervisio
The establishment of Banking Union represents a major development in European economic governance and European integration history more generally. Banking Union
The euro area (EA) bank resolution and crisis management arrangements have been strengthened considerably over recent years, but work remains to complete and un