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 […]
EU economic affairs
Publications
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 […]
Money for structural reforms in the Eurozone: making sense of contractual arrangements
Both the Commission’s proposal for a ‘Competitiveness and Convergence Instrument’ and the ‘contractual arrangement’ presented by President Van Rompuy share a common concept: associating EU money with national structural reforms […]
Quelles solidarités pour surmonter la crise de la zone Euro?
Working Paper European Affairs Programme. La zone euro traverse depuis maintenant plusieurs années une crise économique à multiples facettes: crise bancaire, crise financière et crise des dettes souveraines. L’Europe se […]