EDIS, NPLs, Sovereign Debt and Safe Assets

Download or read book EDIS, NPLs, Sovereign Debt and Safe Assets written by Andreas Dombret and published by Walter de Gruyter GmbH & Co KG. This book was released on 2020-02-24 with total page 243 pages. Available in PDF, EPUB and Kindle. Book excerpt: Why does the third leg of the European Banking Union, EDIS, remain mired in controversy? This book presents the views of senior representatives of the public and private sectors and academia on why EDIS is either necessary, counter-productive or even dangerous. No viewpoint has been excluded and the full range of issues involved is covered, including the impact on financial stability and on consolidation of the financial sector in Europe, progress on reducing NPLs, the feasibility of developing "safe bonds" and other, more practical solutions to the "doom loop" and the actual design of EDIS.