Banks at the service of the economy?
This Policy Brief discusses a few simple measures to improve both the commercial and investment banking landscapes, with or without formal separation. Covering deposits with quality collateral would make them […]
EU economic affairs
Publications
La vente de BNPP Fortis : l’Europe ou le symbolisme les chiffres?
Suite à la vente par l’Etat belge de sa participation dans BNP Paribas Fortis, des questions se sont posées sur les motivations de l’opération. Au-delà des considérations portant sur la […]
External publications
Preparing the Banking Union for the next crisis
As of mid-2013, there is no clarity whatsoever on how a collective public bailout would take place in the Banking Union. More clarity on the matter is needed to avoid […]
What if the next financial crisis hits the Banking Union? A call for an “If all else fails” clause
This Policy Brief argues that the envisaged design of the Banking Union risks not being sufficient to deal with the next large-scale financial crisis. Therefore, an “if all else fails” […]
Assessing the single supervisory mechanism: passing the point of no return for Europe’s Banking Union
With the aim of breaking the negative feedback loop between Europe’s financial and sovereign debt crises, the EU decided to create a common supervisory framework for the banking sector: the […]
Don’t complicate it even further: Macroeconomic conditionality as a substitute for new structural reform contracts
The idea of introducing contracts between Member States and the EU on structural reforms has its merits, it also has several disadvantages. Most notably, the contracts risk rendering European economic […]