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Editorial - Vox CERP - S. Micossi: A fresh approach to complete the banking union in the Eurozone

image-12/11/2017 - 14:57December 11, 2017 - VOX CEPR's Policy Portal published an editorial by SEP president Stefano Micossi. In this highly insightful piece, President Micossi argues that completing the banking union should once again be given priority. Furthermore, he explains how the European deposit insurance scheme could move forward immediately by providing in its early phase a liquidity line that the ESM would offer to national deposit guaranty schemes that had exhausted their funds, with no sharing of losses.

Click HERE to view the original article.