Balance-Sheet Repairs in European Banks

The recent IMF assessment of Europe’s financial sector found that much has been achieved to address the recent financial crisis in Europe, but vulnerabilities remain, and intensified efforts are needed across a wide front, one of which being bank balance sheet repair. This column looks at progress with bank restructuring in Europe. Much has been […]

State Aid and Europe’s Financial Sector

The recent IMF assessment of Europe’s financial sector found that much has been achieved to address the recent financial crisis in Europe, but vulnerabilities remain, and intensified efforts are needed across a wide front: Bank restructuring and resolution, fast and sustained progress toward an effective Single Supervisory Mechanism (SSM) and the banking union (BU), and further steps toward […]