Darvas, Zsolt M.; Schoenmaker, Dirk; Véron, Nicolas - 2016
markets. However, the policy framework proved inadequate in the context of the major financial crisis in the EU starting in … 2007, and especially in the euro area after 2010. That crisis triggered major changes to European financial regulation and … structural institutional change for the EU, arguably the most significant since the introduction of the euro. Even in its current …