EDIS, NPLs, Sovereign Debt and Safe Assets
Ed. by Dombret, Andreas / Kenadjian, Patrick S.
Covers the full range of issues on EDIS. Explains why European "safe bonds" are not the solution to the "doom loop". Provides practical and innovative solutions to the "doom loop" and the design of EDIS.
Aims and Scope
Why does the third leg of the European Banking Union, EDIS, remain mired in controversy? This book presents the views of senior representatives of the public and private sectors and academia on why EDIS is either necessary, counter-productive or even dangerous. No viewpoint has been excluded and the full range of issues involved in covered, including the impact on financial stability and on consolidation of the financial sector in Europe, progress on reducing NPLs, the feasibility of developing "safe bonds" and other, more practical solutions to the "doom loop" and the actual design of EDIS.