Bursting the Bubble

Tag Archives: ECB

The Politics of the ECB

19 December 2016 | by

The European Central Bank (ECB) is the central bank for the euro and administers the monetary policy of the eurozone, which consists of 19 EU member states and is one of the largest currency areas in the world. It is one of the world’s most important central banks and is one of the seven institutions […]

Is the Banking Union strong enough to avert the next economic crisis?

14 December 2015 | by

At the heart of the Economic and Monetary Union lies a fundamental contradiction. On the one hand, the EMU requires considerable integration of policies at euro zone level, and a high degree of economic discipline at the national level. On the other hand, most people of the euro zone do not want to be ruled […]

The Future of the Banking Union: ECB’s supervisory role challenged at EU’s court

9 April 2015 | by

While our eyes are currently firmly fixed on Greece, which is often perceived as the most acute threat to the Eurozone’s future, in the meantime the stability of the Europe’s monetary union is being undermined by the back door. That is because the newly established supervisory role for the European Central Bank (ECB) has recently […]

Greece, Syriza and the EU Banking Union

11 February 2015 | by

A Shifting Landscape In October 2014, the European Central Bank concluded a year-long assessment of the balance sheets for Europe’s 130 largest banks, known formally as the ‘Comprehensive Assessment’. It revealed a cumulative capital shortfall of €24.6 billion euros among 25 of the euro areas’ largest lenders under ‘adverse’ circumstances. Three out of four of […]

Nobody knows a SME better than a SME

11 November 2013 | by

The Competitiveness and Innovation Framework Programme, or CIP, has had the largest impact upon the functioning of European Small and Medium Enterprises (SMEs), since they were officially defined in 2003 through a Commission recommendation. Active from 2007 to 2013, the CIP should be recognized as an important step for the European Union’s approach on aiding […]