Banking Union: addressing the concerns of host countries (capital, liquidity…) and macroprudential issues
Objectives The launch of the Banking Union project was a response to the EU Sovereign crisis (2011-2012). The design of the banking union envisaged common supervision, resolution and deposit insurance in the euro area. Only two of its pillars, European supervision and resolution, are in place. The Covid Crisis and the US banking turmoil in … Continued