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
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Englisch
- Bibliographic citation
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Journal: Intereconomics ; ISSN: 1613-964X ; Volume: 48 ; Year: 2013 ; Issue: 3 ; Pages: 167-173 ; Heidelberg: Springer
- Classification
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Wirtschaft
- Subject
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Bankenkrise
Bankenaufsicht
Bankrisiko
Haftung
Schuldenübernahme
Systemrisiko
EU-Staaten
- Event
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Geistige Schöpfung
- (who)
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Steinbach, Armin
Stollhoff, Rainer
- Event
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Veröffentlichung
- (who)
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Springer
- (where)
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Heidelberg
- (when)
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2013
- DOI
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doi:10.1007/s10272-013-0458-7
- Handle
- Last update
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10.03.2025, 11:42 AM CET
Data provider
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