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Sovereign Concentration Charges are the Key to Completing Europe’s Banking Union

Nicolas Veron, (2017), “Sovereign Concentration Charges are the Key to Completing Europe’s Banking Union”, Bruegel, 7 Δεκεμβρίου

The past crisis revealed that most euro-area banks have disproportionate sovereign exposure in their home country. Charging banks for sovereign concentration is one solution to this issue, and would help advance the discussion on banking union.

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