A game of bank resolution
Before the 2008 financial crisis, credit institutions were aware that if they were large enough they would be rescued with tax-payers’ money, an action also known as bail-out, what became known as “too big to fail”. The BRRD proposes a legal framework that aims at eliminating the possibility of bail...
| Main Author: | |
|---|---|
| Format: | Article |
| Language: | English |
| Published: |
General Association of Economists from Romania
2018-03-01
|
| Series: | Theoretical and Applied Economics |
| Subjects: | |
| Online Access: |
http://store.ectap.ro/suplimente/International_Finance_and_Banking_Conference_FIBA_2018_XVI.pdf#page=209
|