Artikel

Designing a European restructuring mechanism without taxpayers' money

The European Commission's approach to the supervision and restructuring of the EU banking system has numerous shortcomings. As an alternative, this article proposes a European Resolution Authority and a European Restructuring Fund for systemically important banks and the implementation of a levy paid by banks in accordance with their systemic relevance. This levy should be designed to reduce the risk of future bailouts and the moral hazard inherent in implicit government guarantees.

Language
Englisch

Bibliographic citation
Journal: Intereconomics ; ISSN: 1613-964X ; Volume: 48 ; Year: 2013 ; Issue: 3 ; Pages: 167-173 ; Heidelberg: Springer

Classification
Wirtschaft
Subject
Bankenkrise
Bankenaufsicht
Bankrisiko
Haftung
Schuldenübernahme
Systemrisiko
EU-Staaten

Event
Geistige Schöpfung
(who)
Steinbach, Armin
Stollhoff, Rainer
Event
Veröffentlichung
(who)
Springer
(where)
Heidelberg
(when)
2013

DOI
doi:10.1007/s10272-013-0458-7
Handle
Last update
10.03.2025, 11:42 AM CET

Data provider

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ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. If you have any questions about the object, please contact the data provider.

Object type

  • Artikel

Associated

  • Steinbach, Armin
  • Stollhoff, Rainer
  • Springer

Time of origin

  • 2013

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