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Sovereign debt restructuring and the G20 Common Framework: real or symbolic progress?

That the international architecture for the management of sovereign debt crises is deeply dysfunctional is uncontested. The ineffectiveness of the current patchwork of institutions and separate but interconnected debt restructuring processes (Gelpern 2016) is...

The inaugural academic year of the Central Banking and Banking Supervision (CBBS) Executive Education Programme, launched in October 2023, has successfully concluded in July 2024. This milestone marks a significant achievement in the partnership between the European University Institute (EUI) and the European Central Bank (ECB), as part of the broader ESCB and SSM Learning and Development Strategy.

This initiative aims to create an “EU-wide forum” for sharing knowledge, fostering critical thinking, and generating new insights on key issues affecting the banking and finance landscape. The programme supports professional capacity building through executive education, contributing significantly to the future stability and effectiveness of the European financial system.

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