Italian bank crisis: flexible application of BRRD rules, or a bailout in disguise?

The economic and financial crisis of the year 2008 highlighted the need for banking sector regulation via the creation of the banking union. The Bank Recovery and Resolution Directive (BRRD) represents an important milestone in the formation of the banking union. It is supposed inter alia to replace...

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Bibliographic Details
Main Authors: Famfollet Jan, Sankotová Eliška
Format: Article
Language:English
Published: Sciendo 2020-06-01
Series:Review of Economic Perspectives
Subjects:
g18
g33
g38
Online Access:https://doi.org/10.2478/revecp-2020-0006