{"title":"Banking Union Perspectives of Eurozone Peripheries: A Critical View","authors":"Dimitrios G Tsoutsas","doi":"10.19080/arr.2018.03.555616","DOIUrl":null,"url":null,"abstract":"This paper studies the perspectives of the Eurozone becoming a banking union apart from a monetary one. Risk- and debt-sharing of the financial sector between Eurozone member peripheries are under scrutiny and moral hazard incentives from the side of banking institutions are analyzed. While looking into advantages and drawbacks of debt mutualization, the beneficial character of a strongly-linked banking union is discussed, but also the rigorous constraints it has to overcome. JEL","PeriodicalId":93074,"journal":{"name":"Annals of reviews and research","volume":" ","pages":""},"PeriodicalIF":0.0000,"publicationDate":"2018-09-10","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":"0","resultStr":null,"platform":"Semanticscholar","paperid":null,"PeriodicalName":"Annals of reviews and research","FirstCategoryId":"1085","ListUrlMain":"https://doi.org/10.19080/arr.2018.03.555616","RegionNum":0,"RegionCategory":null,"ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":null,"EPubDate":"","PubModel":"","JCR":"","JCRName":"","Score":null,"Total":0}
引用次数: 0
Abstract
This paper studies the perspectives of the Eurozone becoming a banking union apart from a monetary one. Risk- and debt-sharing of the financial sector between Eurozone member peripheries are under scrutiny and moral hazard incentives from the side of banking institutions are analyzed. While looking into advantages and drawbacks of debt mutualization, the beneficial character of a strongly-linked banking union is discussed, but also the rigorous constraints it has to overcome. JEL