Nicolas Veron, (2017), “Sovereign Concentration Charges are the Key to Completing Europe’s Banking Union”, Bruegel, 7 December
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.
Relevant Posts
- Daniel Gros, (2017), «Banks as buyers of last resort for government bonds», VoxEU, 27 November
- Nicolas Veron, (2017), «Sovereign Concentration Charges: A New Regime for Banks’ Sovereign Exposures», Bruegel, 17 November