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 […]
European 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” […]
External publications
Sven Biscop contributed the country chapter Belgium in Strategic cultures in Europe
European countries work together in crisis management, conflict prevention and many other aspects of security and defence policy. Closer cooperation in this policy arena seems to be the only viable […]
The European citizens’ initiative: next big thing or new false good idea ?
One of the key innovative elements of the Lisbon Treaty was the creation of a European Citizens’ Initiative. Egmont Paper 59 evokes the main legal elements of the European Citizens’ […]
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 […]