Banking union – protection against crisis? Cover Image

Unia bankowa – zabezpieczenie przed kryzysami?
Banking union – protection against crisis?

Author(s): Jerzy Rymarczyk
Subject(s): Economy
Published by: Wydawnictwo Uniwersytetu Ekonomicznego we Wrocławiu
Keywords: banking union; Single Supervisory Mechanism (SSM); Single Resolution Mechanism (SRM); financial crisis

Summary/Abstract: The article analyzes the construction of a banking union and attempts to answer the question whether its implementation can help to prevent from financial crises. The author appreciates the introduction of Single Supervisory Mechanism (SSM) and Single Resolution Mechanism (SRM). At the same time, he shares a view of some commentators that the banking system can contribute to the increase of protection of the European banking system, but it is not able to completely protect the system from a further crisis.

  • Issue Year: 2015
  • Issue No: 407
  • Page Range: 13-22
  • Page Count: 10
  • Language: Polish