Link to the University of Pittsburgh
Link to the University Library SystemContact us link
AEI Banner

Banking crisis yet again and how to fix it. CEPS Commentary, 15 February 2016

Micossi, Stefano. (2016) Banking crisis yet again and how to fix it. CEPS Commentary, 15 February 2016. [Policy Paper]

[img] Other - Published Version
Download (33Kb)

    Abstract

    Almost out of the blue, a combination of diverse factors has elicited a run on bank stocks and junior and senior debt, raising the spectre of a renewed systemic bank crisis within the European Union. The policy response cannot come from the European Central Bank but, instead, must consist of regulatory responses capable of dispelling the uncertainty over future prudential capital requirements while also temporarily suspending the rules on state aid cum bail-in that had ignited the crisis.

    Export/Citation:EndNote | BibTeX | Dublin Core | ASCII (Chicago style) | HTML Citation | OpenURL
    Social Networking:
    Share |
    Item Type: Policy Paper
    Subjects for non-EU documents: EU policies and themes > Policies & related activities > economic and financial affairs > banks/financial markets
    EU policies and themes > Policies & related activities > economic and financial affairs > financial crisis 2008-on/reforms/economic governance
    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: 17 Feb 2016 16:11
    Number of Pages: 3
    Last Modified: 17 Feb 2016 16:12
    URI: http://aei.pitt.edu/id/eprint/72332

    Actions (login required)

    		 View Item

    Document Downloads