European bank restructuring efforts aim at breaking the edverse feedback loop between sovereign risk and banking sector
Alho, Eeva (04.03.2011)
Numero
1
2011
Julkaisun pysyvä osoite on
https://urn.fi/URN:NBN:fi:bof-201408074917Tiivistelmä
The delay in the complete restructuring of banks continues to undermine financial stability in Europe. Banks that have received state aid in the crisis are required to downsize their balance sheets. In some countries, the entire banking sector needs to be reorganised. Solutions have been slow in coming given all the political restrictions, and banks have been squeezed between public assistance and market pressure.