Bofinger, Peter (contributor); Buch, Claudia M. (contributor) - Sachverständigenrat zur Begutachtung der … - 2012
The European sovereign debt crisis has revealed severe flaws in the design of the internal market. Both, private and … in the Euro Area has not been accompanied by the transfer of authority to supervise and restructure banks which has, in … complement to other elements of the internal market. In an integrated capital market, banking distress in one country can have …