The EU's Deposit-Guarantee Endgame
While existing EU institutions were always unlikely to implement a common deposit-guarantee system on their own, the formation of a European banking union will naturally lead to such a scheme. Europe’s leaders should begin to prepare for this eventual outcome – and the political leap that will be needed if it is to succeed.
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TILBURG – While existing European Union institutions were always unlikely to implement a common deposit-guarantee system (DGS) on their own, the formation of a European banking union will naturally lead to such a scheme. Europe’s leaders should begin to prepare for this eventual outcome – and the political leap that will be needed if it is to succeed.