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The SRM and the dream to resolve banks without public money. CEPS Commentary, 19 December 2013

Gros, Daniel. (2013) The SRM and the dream to resolve banks without public money. CEPS Commentary, 19 December 2013. [Policy Paper]

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    Abstract

    In his assessment of the compromise agreement reached on the Single Resolution Mechanisn (SRM), Daniel Gros finds that the popular perception that the periphery has the most to gain from the establishment of a unified resolution regime might have gotten it backwards. In reality, he finds that Germany and other surplus countries have a bigger interest in tying the hands of their national resolution authorities, which have a tendency to be too generous.

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    Item Type: Policy Paper
    Uncontrolled Keywords: Single Resolution Mechanisn (SRM).
    Subjects for non-EU documents: Countries > Germany
    Subjects for EU documents: UNSPECIFIED
    EU Series and Periodicals: UNSPECIFIED
    EU Annual Reports: UNSPECIFIED
    Series: Series > Centre for European Policy Studies (Brussels) > CEPS Commentaries
    Depositing User: Phil Wilkin
    Official EU Document: No
    Language: English
    Date Deposited: 20 Dec 2013 08:59
    Number of Pages: 2
    Last Modified: 20 Dec 2013 08:59
    URI: http://aei.pitt.edu/id/eprint/46343

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