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New ESM Discussion Paper: Completing banking union to support Economic and Monetary Union

Paolo Fioretti et al. (2019), «New ESM Discussion Paper: Completing banking union to support Economic and Monetary Union», European Stability Mechanism, Volume 2019 | No 7, 16 October

This discussion paper depicts recent developments in the euro area banking system and sheds light on institutional and economic obstacles to further integration. Based on those facts, the paper proposes a way forward for further integration and completion of banking union, considering the implication of reforms to foster a safer, more profitable and integrated euro area banking industry.

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