The Roadmap to Banking Union: A Call for Consistency
by Karel Lannoo
Centre for European Policy Studies August 30, 2012
The proposal to move to a full banking union in the eurozone means a radical regime shift for the EU, since the European Central Bank will supervise the eurozone banks and effectively end ‘home country rule’. But how this is implemented raises a number of questions and needs close monitoring, explains CEPS CEO Karel Lannoo in this new Commentary.