The Single Resolution Board (SRB) has had a somewhat difficult start but has been able to learn and adapt, and has gained stature following its first bank resolution decisions in 2017-18. It must continue to build up its capabilities, even as the European Union’s banking union and its policy regime for unviable banks continue to develop.
The authors here review the latest EU migration figures. Southern, eastern, and central Europe have broadly experienced net losses in cumulative intra-EU migration, while western and northern Europe have experienced gains. Spain and Italy, however, have still experienced gains in net migration inflows.
This episode of 'The Sound of Economics' features Bruegel visiting fellow Elina Ribakova in conversation with Marc-Olivier Padis and Jean-Paul Tran Thiet about the reform of the Common European Asylum System (CEAS).
How to improve the European asylum policy?
Britain and the EU must try to preserve the longstanding economic, political, and security links and, despite the last 31 months spent arguing over Brexit, they should try to follow a new path toward convergence.
Surveys show that people systematically overestimate the share of foreign-born citizens among resident populations. Aligning people's perceptions with reality is vital to the betterment of public debate and proposed policies.
The recent Eurogroup agreement on euro-area reform foresees a greater role for the European Stability Mechanism (ESM) as a backstop to the banking union. This is a welcome step forward but important issues remain. We assess the agreement on how to fund banks after resolution and the best way to organise the fiscal role in liquidity provisioning to banks. We argue that the bank resolution framework will remain incomplete and its gaps could result in important financial instabilities.
This episode of the Director’s Cut features a conversation between Bruegel’s director, Guntram Wolff and Maha Yahya, the director of the Carnegie Middle East Center
Think-tanks have come a long way since their organisational blueprint was first conceived, but they have work to do in order to adapt to meet the needs of both policymakers and the general public, and transmit their signals above the noise of the modern age.
The public session of the Global Think Tank Summit will discuss trade and fair global competition
The authors contributed to the new issue of the 'Journal of Banking Regulation' with a paper on financial inclusion initiatives and banking regulations necessary to provide access to financial services for asylum seekers and refugees.
China’s accession to the World Trade Organisation in 2001 was greeted with great fanfare. But near silence has greeted the recent removal by the China Banking and Insurance Regulatory Commission of caps on foreign ownership of Chinese financial institutions. For Beijing, the apparent lack of interest might be an issue of too little, too late.