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Till Default Do Us Part; Europe's Banking Union
Oleh:
[s.n]
Jenis:
Article from Bulletin/Magazine
Dalam koleksi:
The Economist (http://search.proquest.com/) vol. 407 no. 8839 (Jun. 2013)
,
page 61-62.
Topik:
Banking Industry
;
Regulation of Financial Institutions
;
Statistical Data
;
Sovereign Debt
Ketersediaan
Perpustakaan Pusat (Semanggi)
Nomor Panggil:
EE29
Non-tandon:
1 (dapat dipinjam: 0)
Tandon:
tidak ada
Lihat Detail Induk
Isi artikel
Almost a year ago, as the euro crisis raged, Europe's leaders boldly pledged a union to break the dangerous link between indebted governments and ailing banking systems, where the troubles of one threatened to pull down the other. Yet the agreement that seems likely to emerge from a summit later this month will be one that does little to weaken this vicious link. If anything it may increase risks to stability instead of reducing them. Europe's new plan is a miserly one. Its outlines emerged in a joint paper released on May 30th by France and Germany. The minimalism of the paper suggests the summit will offer little more than the establishment of single supervisor and a promise to set up a vaguely defined "resolution mechanism".
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