Buch, Claudia M.; Körner, Tobias; Weigert, Benjamin - In: Credit and Capital Markets – Kredit und Kapital 48 (2015) 1, pp. 11-49
The European Banking Union is a major step forward in fixing major deficiencies in the institutional framework of the Euro area. The absence of effective banking supervision and resolution powers at the European level promoted excessive private risk-taking in the up-run to the Euro crisis....
