Buch, Claudia M.; Körner, Tobias; Weigert, Benjamin - 2013
The agreement to establish a Single Supervisory Mechanism in Europe is a major step towards a Banking Union, consisting … deposit insurance system. In this paper, we argue that the Banking Union is a necessary complement to the common currency and … the Internal Market for capital. However, due care needs to be taken that steps towards a Banking Union are taken in the …