Please use this identifier to cite or link to this item: http://hdl.handle.net/10419/113695
Authors: 
Steinbach, Armin
Stollhoff, Rainer
Year of Publication: 
2013
Citation: 
[Journal:] Intereconomics [ISSN:] 1613-964X [Publisher:] Springer [Place:] Heidelberg [Volume:] 48 [Year:] 2013 [Issue:] 3 [Pages:] 167-173
Abstract: 
The European Commission's approach to the supervision and restructuring of the EU banking system has numerous shortcomings. As an alternative, this article proposes a European Resolution Authority and a European Restructuring Fund for systemically important banks and the implementation of a levy paid by banks in accordance with their systemic relevance. This levy should be designed to reduce the risk of future bailouts and the moral hazard inherent in implicit government guarantees.
Persistent Identifier of the first edition: 
Document Type: 
Article

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