Published on Friday, November 13, 2015 | Updated on Monday, November 16, 2015

Banking Union: what remains to be done?

Summary

The Banking Union project, launched in the summer of 2012, was key in reversing the fragmentation trends that were threatening the euro at the time. As is well known, from May 2010 (the first Greek request for a program) to July 2012 peripheral economies of the Eurozone were under the effects of a negative loop between sovereign and banking risk.

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Authors

Santiago Fernández de Lis BBVA Regulation - Head of Regulation

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Press Article (PDF)

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English - November 13, 2015

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