1. The Banking Union: State of Art
- Author:
- Andrzej Reich and Stefan Kawalec
- Publication Date:
- 06-2015
- Content Type:
- Special Report
- Institution:
- Center for Social and Economic Research - CASE
- Abstract:
- It is widely believed that the creation of the banking union initiated the integration of the EU banking market. The process is traced back to June 2012 (EU Summit decided to create the banking union), 4 November 2013 (effective date of the Banking Union Regulation), or 4 November 2014 (operational launch of the Single Supervisory Mechanism, SSM). However, the integration of the EU banking market began much earlier and the creation of the banking union should be considered the final rather than the initial step in the process.
- Topic:
- Finance, Financial Markets, Regional Integration, Banks, and Fiscal Policy
- Political Geography:
- Europe and European Union