Economics, Econometrics and Finance
8 years ago

European Banking Union Strengthens Financial Stability Amid Crisis Chaos.

Ovidius University Annals Economic Sciences Series
Challenges at the European Level of the Recent Financial Crisis: Towards a Banking Union
aargu Alina Camelia, Angela Roman

Paper Summary

The recent financial crisis in Europe led to the creation of the European Banking Union to strengthen the financial system. The crisis had negative effects on financial integration and stability, especially in the euro zone. The new measures aim to make the European financial system more resilient and stable.

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