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Bearing the losses from bank and sovereign default in the Eurozone

This book contains the proceedings from the 2014 Annual Conference. The contributions published in this book discuss the new regulatory and supervisory architecture in the Eurozone, and loss distribution in the event of default...

This book follows the conference “Political, fiscal and Banking Union in the Eurozone?” that was held in Florence in 2013. In this publication, contributiors assess the prospects and potential for, as well as obstacles to, the various forms and degrees of integration needed within the Eurozone in order to address the root causes of Europe’s malaise as perceived at the time of writing. The text elaborate on the relationships between these different levels of union. Was one type of union achievable without the other? Or would the intractable difficulties of achieving each level of union spill over to lessen the chances of the other ever being a likely practical possibility?

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