Written by Marcin Grajewski
On 11 November, the European Commission will hold an orientation debate on next steps to complete the EU’s Banking Union — the European Union’s single rulebook on the functioning of banks, their supervision, restructuring and liquidation, and the protection of their customers and stakeholders.
The Banking Union was created in response to euro zone debt crisis, to shore up the often fragile banks, boost confidence in the financial system, and break the vicious circle between bank and sovereign debt. Some critics say it does not go far enough as, for example, there is no pan-EU deposit guarantee fund.
This note highlights a selection of recent studies by major international think tanks and research institutes on the banking union, with hyperlinks to the texts concerned. It also includes some recent papers on euro zone governance reform and the European banking system in general.
The great financial plumbing: From Northern Rock to Banking Union
Centre for European Policy Studies, October 2015
Regulatory influence on market conditions in the Banking Union
Sustainable Architecture for Finance in Europe, June 2015
The Banking Union: State of art
Centre for Social and Economic Research, June 2015
Europe’s radical banking union
Bruegel, May 2015
Banking Union and the governance of credit institutions: A legal perspective
Sustainable Architecture for Finance in Europe, April 2015
Changing banking supervision in the euro zone: The ECB as a policy entrepreneur
College of Europe, December 2014
Yes Virginia, there is a European Banking Union! But it may not make your wishes come true
Max Planck Institute for Research on Collective Goods, December 2014
ECB banking supervision and beyond
Peterson Institute for International Economics, December 2014
Banking Union and bank regulation: Banking sector stability in Europe
Deutsches Institut für Wirtschaftsforschung, November 2014
Banking Union in EU: Cure-all drug for distressed banks?
Stiftung Wissenschaft und Politik, November 2014
Europe’s half a banking union
Bruegel, September 2014
The EMU and the Banking Union: An evaluation of the impacts on the Euroepan monetary integration process
LUISS School of European Political Economy, September 2014
From the Single Supervisory Mechanism to the Banking Union: The role of the ECB and the EBA
LUISS School of European Political Economy, September 2014
How to complete Europe’s Banking Union
European Council on Foreign Relations, June 2014
Designing a genuine EMU: Which “Unions” for EU and euro zone?
College of Europe, June 2014
Bail-in provisions in state aid and resolution procedures: Are they consistent with systemic stability?
Centre for European Policy Studies, May 2014
A Banking Union for an unfinished EMU
Wilfried Martens Centre for European Studies, May 2014
Framing Banking Union in the euro area: Some empirical evidence
Centre for European Policy Studies, February 2014
Banking Union and beyond
Collective work for Brussels Think Tank Dialogue, January 2014
The European Central Bank in the age of Banking Union
Bruegel, October 2013
A realistic bridge towards European Banking Union
Peterson Institute for International Economics, June 2013
Other related publications
A smart move: Why the Five Presidents’ Report is cautious on substance and ambitious on process
LUISS School of European Political Economy, August 2015
The vulnerability of Europe’s small and medium-sized banks
Bruegel, July 2015
A Capital Markets Union for Europe: The relevance of banks and markets
Cologne Institute for Economic Research, July 2015
The report of the Five Presidents: A missed opportunity
Instituto Affari Internazionali, July 2015
Towards a fiscal union? On the acceptability of a fiscal transfer system in the euro zone
Sustainable Architecture for Finance in Europe, July 2015
Improving EMU: Our recommendations for the debate on the five presidents report
Notre Europe – Jacques Delors Institute, June 2015
Submission on Analytical Note “Preparing for Next Steps on Better Economic Governance in the Euro Area”
Economic Governance Group, March 2015
Bad banks in the EU: The impact of Eurostat rules
Bruegel, December 2014
Is Europe overbanked?
Centre for Social and Economic Research, November 2014
