Research Handbook on EU Economic Law
Show Less

Research Handbook on EU Economic Law

Edited by Federico Fabbrini and Marco Ventoruzzo

This comprehensive Research Handbook analyses and explains the EU’s complex system of economic governance from a legal point of view and looks ahead to the challenges it faces and how these can be resolved. Bringing together contributions from leading academics and top lawyers from EU institutions, this Research Handbook is the first to cover all aspects of the Eurozone’s legal ecosystem, and offers an up-to-date and in depth assessment of the norms and procedures that underpin the EU’s economic, monetary, banking, and capital markets unions.
Buy Book in Print
Show Summary Details
You do not have access to this content

Chapter 12: The Single Resolution Mechanism

Christos V. Gortsos


Chapter 12 leads us through the intricacies of the SRM, and specifically the role of the different institutions involved in the resolution, with a focus on bail-in and its effectiveness. In particular, the author analyses the role of the Single Resolution Board - the agency in charge of resolving credit institutions - and reflects on the so-called bail-in mechanism, discussing its uneven application in the first concrete cases of resolutions of small regional banks in Spain and Italy. Yet, the Banking Union cannot fully be realized without a single deposit insurance scheme - that is a uniform guarantee for bank depositors across the EMU.

You are not authenticated to view the full text of this chapter or article.

Elgaronline requires a subscription or purchase to access the full text of books or journals. Please login through your library system or with your personal username and password on the homepage.

Non-subscribers can freely search the site, view abstracts/ extracts and download selected front matter and introductory chapters for personal use.

Your library may not have purchased all subject areas. If you are authenticated and think you should have access to this title, please contact your librarian.

Further information

or login to access all content.