The case for a euro-TARP:
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Bibliographic Details
Main Author: Lannoo, Karel (Author)
Format: Electronic eBook
Language:English
Published: Brussels [Belgium] CEPS Centre for European Policy Studies 2011
Subjects:
Online Access:BSB01
Item Description:The European Union should move quickly to enact an American-style 'TARP'1 in the euro-zone to strengthen the financial sector and maintain lending. Through the European Financial Stability Facility, the EU now has the structure in place for a truly European support fund for the banking sector, which it did not have in 2008. This should be put into motion without delay, taking into account the lessons of the 2008 crisis and applying EU state aid rules. A euro-zone recapitalization fund would better limit distortions to the functioning of the single market than the current arrangement of ad hoc guarantees and support mechanisms
Physical Description:1 Online-Ressource (2 Seiten)

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