The shape of the banking union confirms Berlin's privileged position in the eurozone:
Saved in:
| Main Author: | |
|---|---|
| Format: | Electronic eBook |
| Language: | English |
| Published: |
Warszawa [Poland]
Ośrodek Studiów Wschodnich im. Marka Karpia
2014
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| Subjects: | |
| Online Access: | BSB01 |
| Item Description: | On 18 December 2013, EU finance ministers reached agreement on the structure of a banking union. The body will be tasked with oversight of the largest banks across the EU. It will also devise recovery and resolution programmes for institutions at risk of bankruptcy, and it will handle wind-up arrangements and decide on the allocation of resulting costs. The proposals are expected to be approved by March of this year by the governments of the eurozone states, by other EU members interested in joining the banking union, and by the European Parliament. A compromise on the supervision of the largest banks in the eurozone was reached several months ago. The most recent negotiations focused on the second pillar of the banking union: a Single Resolution Mechanism. The parties successfully negotiated a set of procedures for rescuing banks capable of recovery and for the closure of institutions that cannot be rescued. A joint position was also agreed on the allocation of costs resulting from such actions |
| Physical Description: | 1 Online-Ressource(1 p. 4) |
Staff View
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| index_date | 2024-07-03T19:59:34Z |
| indexdate | 2024-07-10T09:33:24Z |
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| language | English |
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| publishDate | 2014 |
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| publisher | Ośrodek Studiów Wschodnich im. Marka Karpia |
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| spelling | Popławski, Konrad Verfasser aut The shape of the banking union confirms Berlin's privileged position in the eurozone Konrad Popławski Warszawa [Poland] Ośrodek Studiów Wschodnich im. Marka Karpia 2014 Frankfurt M. CEEOL 2014 1 Online-Ressource(1 p. 4) txt rdacontent c rdamedia cr rdacarrier On 18 December 2013, EU finance ministers reached agreement on the structure of a banking union. The body will be tasked with oversight of the largest banks across the EU. It will also devise recovery and resolution programmes for institutions at risk of bankruptcy, and it will handle wind-up arrangements and decide on the allocation of resulting costs. The proposals are expected to be approved by March of this year by the governments of the eurozone states, by other EU members interested in joining the banking union, and by the European Parliament. A compromise on the supervision of the largest banks in the eurozone was reached several months ago. The most recent negotiations focused on the second pillar of the banking union: a Single Resolution Mechanism. The parties successfully negotiated a set of procedures for rescuing banks capable of recovery and for the closure of institutions that cannot be rescued. A joint position was also agreed on the allocation of costs resulting from such actions Governance Economic policy EU-Accession / EU-DEvelopment Geopolitics |
| spellingShingle | Popławski, Konrad The shape of the banking union confirms Berlin's privileged position in the eurozone Governance Economic policy EU-Accession / EU-DEvelopment Geopolitics |
| title | The shape of the banking union confirms Berlin's privileged position in the eurozone |
| title_auth | The shape of the banking union confirms Berlin's privileged position in the eurozone |
| title_exact_search | The shape of the banking union confirms Berlin's privileged position in the eurozone |
| title_exact_search_txtP | The shape of the banking union confirms Berlin's privileged position in the eurozone |
| title_full | The shape of the banking union confirms Berlin's privileged position in the eurozone Konrad Popławski |
| title_fullStr | The shape of the banking union confirms Berlin's privileged position in the eurozone Konrad Popławski |
| title_full_unstemmed | The shape of the banking union confirms Berlin's privileged position in the eurozone Konrad Popławski |
| title_short | The shape of the banking union confirms Berlin's privileged position in the eurozone |
| title_sort | the shape of the banking union confirms berlin s privileged position in the eurozone |
| topic | Governance Economic policy EU-Accession / EU-DEvelopment Geopolitics |
| topic_facet | Governance Economic policy EU-Accession / EU-DEvelopment Geopolitics |
| work_keys_str_mv | AT popławskikonrad theshapeofthebankingunionconfirmsberlinsprivilegedpositionintheeurozone |