H. Onno Ruding, the chairman of the Centre for European Policy Studies, examines the elements necessary to form a functioning European banking union (EBU) against the backdrop of the euro-zone crisis. Although Ruding supports his ideas with informed opinions rather than analytical data, getAbstract recommends this report to regulators, investors and financial services professionals who would have a stake in an EBU if it comes to be.
In this summary, you will learn
- Why a European banking union is necessary,
- What components such a union requires and
- What issues Europe’s leaders need to address before establishing deeper banking integration.
About the Author
H. Onno Ruding is a former minister of finance for the Netherlands. He is chairman of the board of the Centre for European Policy Studies, a major independent European think tank.