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Archive » April 2016 » The new European approach to crises resolution: the need of flexibility

The new European approach to crises resolution: the need of flexibility

Giuseppe Boccuzzi,
April 2016 - n. 4
Jel codes: G01, G21, G28

It is difficult, at present, to say if recent European reforms of the management and resolution of banking crises have created the best institutional and regulatory framework. Difficulties and uncertainties have already been identified in the first phase of implementation of the legislation in Italy and in other European countries. After a financial and economic crisis of vast proportions, it is necessary to prevent stiffness in favor of proportional and flexible mechanisms, aimed at enhancing effective and virtuous national experiences

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