Duplicate citations. The following articles are merged in Scholar. Their combined citations are counted only for the first article. Merged citations. This "Cited by" count includes citations to the following articles in Scholar. Add co-authors Co-authors. Follow this author. New articles by this author. New citations to this author. The banking union is an effort to pool the instruments of banking-sector policy at the European level, premised on the generally shared view that linkages between banking policy and national budgets undermine the integrity of the euro area, because they threaten fragmentation along national lines - fragile banks undermining national sovereign creditworthiness and vice versa, distorting the impact of the ECB's single monetary policy.
The first step in this effort, the assumption of bank prudential supervision by the European Central Bank, has been in operation for six years. It has successfully passed the major Use this link to get back to this page. Europe's banking union should learn the right lessons from the US.
Date: Oct. From: Bruegel-Blogs. Publisher: Bruegel. Document Type: Article. Length: 1, words. My declarations of interest here: , , , , , , a, , , Oliu-Barton, B. Pradelski, Y. Algan, M. Baker, A.
Binagwaho, G. Dore, A. El-Mohandes, A. Fontanet, A. Peichl, V Priesemann, G. Yamey, J. DOI , pdf older version is here. DOI , pdf , earlier version is here. Claeys , link.
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